BNPP, NatWest turn to CobaltFX for credit limit management

BNP Paribas and NatWest Markets have become the first two dealers to launch on CobaltFX, the forex industry’s latest attempt to tackle the problem of over-allocation of credit to anonymous trading venues. Providing overly generous limits has long been a problem for trading desks and FX prime brokers (FXPBs) trading on multiple anonymous electronic communications […]