The service will help the two banks rein in risks of credit overallocation on interbank platforms
BNP Paribas and NatWest Markets have become the first two dealers to go live on CobaltFX, in the foreign exchange industry’s latest attempt to tackle the problem of overallocation of credit to anonymous trading venues.
The granting of too-generous limits has long been a problem for trading desks and FX prime brokers (FXPBs) dealing on multiple anonymous electronic communication networks (ECNs). FXPBs provide their high-frequency clients with significant credit headroom so they don’t hit limits
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
Most read articles loading…
Back to Top
You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.
You are currently on corporate access.
To use this feature you will need an individual account. If you have one already please sign in.
Alternatively you can request an indvidual account here:
