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SGX buys stake in FX-processing network Cobalt

Published Fri, May 4, 2018 · 09:50 PM

Singapore

THE Singapore Exchange (SGX) is to buy a stake in foreign exchange (FX) post-trade processing network Cobalt.

Cobalt said in a statement that the SGX investment will support its continued expansion into the FX space, further accelerating technology development and the build-out of the team.

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