UBS and CIBC execute world’s first intraday FX swap via Finteum Platform World's first intraday FX swap was executed through the Finteum interbank platform, which uses DLT to allow for rapid bank funding and liquidity.

Finteum: NatWest Group, BNY Mellon, Barclays and 11 Additional Banks Trial Intraday FX Swap and Repo Trading Platform Fourteen large banks have trialled a platform for intraday FX swaps and intraday repo and a subset of so-called ‘Key Participant’ banks are planning to go liveIntraday FX swaps are an important...