Earlier this year, credit optimization specialist CobaltFX announced that BNP Paribas and NatWest had started using its technology to manage credit exposures for FX trades on interbank trading venues.
According to a report produced by the Global Financial Markets Association’s global foreign exchange division in June, broader adoption of dynamic credit solutions would enhance the FX market structure for the benefit of all institutional market participants by facilitating increased trading opportunities and meeting client demand when and where it is needed most.
By simplifying and streamlining the allocation of credit for FX transactions between banks, CobaltFX believes it can improve access to liquidity and capitalize on a trend of financial institutions optimizing the disbursement of credit for FX trades to improve market access and control.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
