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# foreign exchange News

UK-based fintech startup Cobalt has added electronic trading houses Citadel Securities and XTX Markets to its impressive list of participants who have committed to become users of its new blockchain-based institutional forex settlements platform. Cobalt has developed a post-trade processing system for the currency market that utilizes distributed ledger technology...
October 30, 2016 by at Finance, News, Tech
In 2014 and 2015, financial regulators in Asia, the U.S., and Europe handed out fines to several global investment banks, totalling over $10 billion, for colluding to rig the daily currency market fixing. While the currency market is open 24 hours a day, five days a week, there is a...
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