Fintech

Randall's blockchain to power post-trade FX platform

SETL, the fintech startup led by Chi-X founder Peter Randall, partners with post-trade provider Cobalt for new service

Randall's blockchain to power post-trade FX platform
Photo: iStockPhoto

The blockchain startup led by one of the founders of the European exchange Chi-X has struck an early partnership in the $5.1 trillion-a-day foreign exchange markets.

SETL's blockchain-powered software, called OpenCSD, will be used within an FX post-trade platform set to be launched by the peer-to-peer network Cobalt DL in 2017.

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