Cobalt and 4OTC have 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. 4OTC’s 1API delivers low latency, highly scalable and secure connectivity for banks, market makers and buyside trading firms.
Darren Coote, CEO of Cobalt, commented: “Since our expansion into Digital Assets last year, we have been pursuing partnerships that can grow our offering across both the Digital Assets and FX markets. We are pleased to be working with 4OTC, receiving a high-quality data feed consisting of FX and Digital Assets market data ensures we can provide a market-leading platform and infrastructure to our client base allowing them to navigate and connect between both markets without disruption.”