Nasdaq rolls out upgraded risk platform for sell-side and clearing brokers
Sucden Financial is the first institution to adopt the upgraded risk platform from Nasdaq.
Sucden Financial is the first institution to adopt the upgraded risk platform from Nasdaq.
The TY3 matching engine was developed in partnership with FlexTrade to provide reduced cross-region latency for clients.
Cobalt brings in Sucden Financial, following other major institutions like Citi, Deutsche Bank, XTX Markets and Saxo Bank.