Foreign Exchange

The live offering has already had 15 asset managers and banks executing agreements on the network, with more set to follow.  

Individual has been with HSBC for the past six years in various roles spanning Dubai and London. 

The offering marks an agreement between Bloomberg Index Services Limited and CME Group and is expected to provide access to reliable and transparent FX fixings.  

Clients who access FX futures through Marex, and FX prime brokerage services through NatWest’s markets business set to receive margin relief.

Through the move, Integral clients now have no-cost access to CME’s EBS and FX Spot+ markets.

Lloyds’ clients are set to gain access to the full algo technology stack from BNP Paribas, including flexible execution strategies which can be adapted to strategies based on risk appetite.

The move marks a step forward in the platform’s push to drive institutional crypto spot trading and adapt to evolving market needs.  

The expansion follows an increase in market demand for NDFs in the APAC region and builds on the two companies’ existing partnership.  

Through leveraging CobaltFX’s Dynamic Credit process, the pair claim they can achieve more flexible and scalable client trade execution.