The TrueFX clearing member network allows the buy-side to access liquidity from market makers without an intermediary.
Latest version of the trading app from BidFX will give the buy-side 24/7 access to trade forex markets.
Cobalt brings in Sucden Financial, following other major institutions like Citi, Deutsche Bank, XTX Markets and Saxo Bank.
Fixed income and foreign exchange trading technology provider Broadway has gained investment from ION Group.
The Investment Association has proposed a more standardised format for FX trade rejections, as brokers currently have no consistent way to communicate this with the buy-side.
Shared ledger technology provider Cobalt gained a strategic investment from early supporter Citi in 2016.
Vanguard, Allianz Global Investors and AXA Investment Managers among the large buy-side firms still not committed to the FX Global Code of Conduct.
SMBC is already live with phase one of the project and allegedly seeing tighter spreads and higher fill rates from the platform.
The latest e-trading survey from JP Morgan reveals that liquidity availability is considered the most challenging daily issue for traders this year.
Rob Wemyss spent 25 years with JP Morgan, and will now head up business development for FX options trading platform Digital Vega.