24 Exchange Launches FX Swaps Trading Backed by Dynamic Credit
24 Exchange has expanded its product offering in the over-the-counter (OTC) space with the FX swaps trading launch. CobaltFX’s Dynamic Credit process is powering this service. This integration optimizes credit intermediation and improves liquidity access.
Role of CobaltFX’s Dynamic Credit Process
CobaltFX’s Dynamic Credit process permits real-time credit allocation between trading counterparties. Participants can pre-set credit relationships and automatically distribute credit based on live trading conditions. This eliminates the unnecessary pre-funding and improves capital efficiency. Also, it reduces settlement risks by keeping credit exposure under dynamic control.
Benefits for Traders
This integration will offer these benefits to users:
Faster trade execution
Traders can execute FX swaps quickly with reduced credit and operational delays. The Dynamic Credit process automatically allocates credit in real time and avoids manual approvals.
Larger trade sizes with lower risk
Investors get more liquidity to place large trades without increasing counterparty risk. The system adjusts exposure for trading conditions.
Access to deeper liquidity pools
Traders get wider market access. They can explore more counterparties and increase the chances of better pricing and faster matching with dynamic credit.
Round-the-clock availability
FX swaps are now available 24/7 on 24 Exchange. Investors can react to market moves instantly. No waiting for specific hours or windows.
About 24 Exchange
Dmitri Galinov founded 24 Exchange in 2019. It is a financial technology company. It is a multi-asset trading platform offering low-cost and low-latency trading solutions. The company received approval to operate a national securities exchange in November 2024.
About CobaltFX
CobaltFX provides infrastructure solutions for institutional forex trading. The company optimizes credit distribution and automates post-trade processes. It helps reduce operational risks and enhance liquidity access. CobaltFX rebranded to concentrate only on FX services after its acquisition by United Fintech in 2023. Its Dynamic Credit enables real-time credit allocation across multiple trading platforms.
Summing Up
This integration enhances access and lowers risk. It will push the industry for smarter, technology-driven trading solutions.
Register your company now and get featured on our homepage!
