24 Exchange launches FX swaps trading with CobaltFX’s Dynamic Credit process
The Dynamic Credit process allows counterparties to pre-set credit relationships and dynamically allocate available credit.
The Dynamic Credit process allows counterparties to pre-set credit relationships and dynamically allocate available credit.
24 Exchange also announced that it set a new monthly record NDF ADV (single-counted) in March of $456 million.
Julie Ros, who ran Profit & Loss for 20 years, will lead the branding and business development efforts at 24 Exchange.
24 Exchange’s FX Spot trading product will go to six decimal places, an innovation over the five decimal places currently offered.