The new platform aims to optimize credit management in foreign exchange markets.
The integration aims to reduce operational risk and improve liquidity efficiency in FX.
24 Exchange
has commenced live trading of foreign exchange (Forex) swaps using CobaltFX's
Dynamic Credit process, the companies announced today (Thursday). The
integration aims to improve credit intermediation and enhance liquidity
efficiency for market participants.
24 Exchange Begins FX
Swaps Trading with CobaltFX Credit System
24 Exchange, a
multi-asset trading platform, has incorporated CobaltFX's credit management
system to allow traders to allocate available credit lines in real time. The
Dynamic Credit process enables counterparties to establish pre-set credit
relationships that adjust based on current trading conditions.
Jason Woerz, President of 24 Exchange
“We are thrilled to be live with FX swaps trading in collaboration with CobaltFX to offer our users a more efficient, cost-effective trading environment,” said Jason Woerz,
President of 24 Exchange. “This integration with CobaltFX enables us to redefine how credit is managed in the FX market, giving participants on our global platform unprecedented access to liquidity.”
According
to the press release sent to FinanceMagnates.com, the system is designed
to address traditional limitations in FX swaps markets, where credit
constraints and operational inefficiencies have historically created barriers.
By dynamically managing credit exposure, the companies say traders can access
deeper liquidity pools while reducing counterparty risk.
Darren Coote, CEO of CobaltFX
“24
Exchange's adoption of our Dynamic Credit process is a testament to its ability
to revolutionize credit management in FX markets,” said Darren Coote, CEO
of CobaltFX. “By optimizing credit usage in real-time, we are helping the
industry reduce risk while increasing efficiency and transparency.”
SEC Approval and LCH
ForexClear Partnership
24 Exchange
also recently expanded into
the United States market after obtaining regulatory clearance from the
Securities and Exchange Commission (SEC) to operate a securities exchange,
according to company sources.
The firm
has established its US presence under the name 24X National Exchange, which
will offer trading of US securities for 23 hours per business day. This
extended schedule aims to provide greater flexibility compared to traditional
market hours.
CobaltFX, founded in
2015 and now part
of United Fintech Group, developed the Dynamic Credit distribution system
to eliminate carve-outs and automate FX credit allocation. The companies say
this provides real-time control over credit exposure across all FX products and
market access points.
24 Exchange
has commenced live trading of foreign exchange (Forex) swaps using CobaltFX's
Dynamic Credit process, the companies announced today (Thursday). The
integration aims to improve credit intermediation and enhance liquidity
efficiency for market participants.
24 Exchange Begins FX
Swaps Trading with CobaltFX Credit System
24 Exchange, a
multi-asset trading platform, has incorporated CobaltFX's credit management
system to allow traders to allocate available credit lines in real time. The
Dynamic Credit process enables counterparties to establish pre-set credit
relationships that adjust based on current trading conditions.
Jason Woerz, President of 24 Exchange
“We are thrilled to be live with FX swaps trading in collaboration with CobaltFX to offer our users a more efficient, cost-effective trading environment,” said Jason Woerz,
President of 24 Exchange. “This integration with CobaltFX enables us to redefine how credit is managed in the FX market, giving participants on our global platform unprecedented access to liquidity.”
According
to the press release sent to FinanceMagnates.com, the system is designed
to address traditional limitations in FX swaps markets, where credit
constraints and operational inefficiencies have historically created barriers.
By dynamically managing credit exposure, the companies say traders can access
deeper liquidity pools while reducing counterparty risk.
Darren Coote, CEO of CobaltFX
“24
Exchange's adoption of our Dynamic Credit process is a testament to its ability
to revolutionize credit management in FX markets,” said Darren Coote, CEO
of CobaltFX. “By optimizing credit usage in real-time, we are helping the
industry reduce risk while increasing efficiency and transparency.”
SEC Approval and LCH
ForexClear Partnership
24 Exchange
also recently expanded into
the United States market after obtaining regulatory clearance from the
Securities and Exchange Commission (SEC) to operate a securities exchange,
according to company sources.
The firm
has established its US presence under the name 24X National Exchange, which
will offer trading of US securities for 23 hours per business day. This
extended schedule aims to provide greater flexibility compared to traditional
market hours.
CobaltFX, founded in
2015 and now part
of United Fintech Group, developed the Dynamic Credit distribution system
to eliminate carve-outs and automate FX credit allocation. The companies say
this provides real-time control over credit exposure across all FX products and
market access points.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
WhatsApp Scams Target Retail Investors, Imitate Saxo and JP Morgan
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
