23 February 2020 – London
Cobalt, the FX and Digital Asset infrastructure provider, and 4OTC, the FinTech provider of connectivity services for Digital Assets and FX, today announced that Cobalt is using 4OTC’s 1API to connect with market data in the Digital Asset and FX Markets. This provides Cobalt with increased access to market data venues, whilst streamlining data management and reducing the time taken to connect with new venues.
London-based 4OTC provides technology to address the challenges of OTC trading desks in the FX and Digital Asset markets. 4OTC’s 1API delivers low latency, highly scalable and secure connectivity for banks, market makers and buy-side trading firms. The new service connects to multiple liquidity providers and venues in Digital Assets and FX markets.
As institutions look to expand into Digital Assets, the lack of institutional ready infrastructure for market data, matching, credit and collateral management is a hurdle to adoption and efficiency. Technologies provided by Cobalt and 4OTC allow clients to transition between FX and digital assets to maximise efficiency and profit.