CobaltFX Trade Notification Network

The CobaltFX Trade Notification Network (TNN) is a post-trade messaging ecosystem designed to eliminate single points of failure in FX trade communication. It enables banks and non-banks to exchange trade messages and confirmations securely, efficiently, and at zero cost. TNN enhances operational resilience, reduces costs, and supports seamless communication across the FX market.

Features

• Zero-cost FX trade message exchange
• Scalable and agile messaging infrastructure
• Automated backups to prevent disruption
• Seamless communication with all trading counterparts
• Industry-centric design for banks and non-banks
• Real-time trade notification and confirmation delivery
• Secure and resilient network architecture

Capabilities

• Eliminates dependency on legacy messaging systems
• Supports post-trade workflows across institutions
• Enables mutualisation of trade lifecycle processes
• Integrates with existing FX infrastructure
• Enhances operational robustness and business continuity
• Facilitates regulatory compliance through transparent messaging

Benefits

• Reduces operational costs and messaging fees
• Improves time-to-serve for clients
• Enhances reliability and scalability of FX operations
• Future-proofs post-trade communication infrastructure
• Strengthens relationships with trading counterparts
• Supports innovation and industry-wide progress