First commercial DL solution to handle 1.4bn daily transactions

Digital ledger technology will be front and centre of the post-trade battleground

World currencies
More compatible: the Cobalt solution will remove potential reconciliation problems between parties to a trade

By joining their respective strengths, financial technology firm Cobalt DL and distributed ledger specialist SETL are creating the first large-scale commercial post-trade FX solution based on distributed ledger technology, capable of handling some 1.4 billion transactions a day.

Cobalt's platform, which is designed to work effortlessly with all trading venues, will launch in 2017, with 15 institutional FX participants already committed to it.

By creating a single and shared view of each FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: