Cobalt Promotes Darren Coote as its New Managing Director and Appoints Anoushka Hampton as its Head of Sales - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Cobalt

Cobalt Promotes Darren Coote as its New Managing Director and Appoints Anoushka Hampton as its Head of Sales

September 28, 2018
Darren Coote, Cobalt Managing Director
Darren Coote, Cobalt Managing Director

Cobalt, the post-trade service provider to forex market has promoted Darren Coote as its Managing Director and has appointed Anoushka Hampton as Head of Sales. 

Darren Coote has been working with Cobalt since 2017 as a strategic advisor and will now have added responsibility for the day to day running affairs of the company. Darren’s promotion comes at a time when Cobalt has been looking to significantly scale its business.

Coote brings over 25 years’ experience in FX and has held a number of high profile roles running global Fx trading and e-Fx businesses at UBS. He has also worked at Lloyds, served at FX boards and committees including the Bank of England’s FX Joint Standing Committee and EBS’s executive board.

Anoushka Hampton, currently based in New York and will move out to London for her new role at Cobalt. The information was made public on her LinkedIn profile. Most recently, she was forex sales specialist at Nex Group’s Traiana for almost two and a half years. Prior to this Hampton was a Sales Director at smartTrade Technologies at New York and joined the firm in November 2015, but worked for the extremely short duration of time. She began her career with HSBC in 1997 on the forex prop desk until 2000 when she moved onto UBS on the forex spot desk and worked until 2004.

Adrian Patten, Co-Founder and Chairman of Cobalt
Adrian Patten, Co-Founder and Chairman of Cobalt

Adrian Patten, Co-Founder and Chairman of Cobalt, commented:

We are very pleased to welcome Darren to our fast-growing team. He brings invaluable expertise and market contacts. We are confident he is the right person to lead Cobalt as we prepare to go into full production later this year.

Darren Coote said:

Having worked in FX for over 25 years, I have seen first-hand the negative impact that aging, inefficient legacy technology is having on market participants and their bottom line. As the industry gets increasingly competitive and margins shrink, it’s important for institutions to save money and mitigate risk wherever possible.

Cobalt is a unique solution which solves an urgent need for participants by creating a shared FX post-trade back office utility, significantly reducing risk and cost by 80%. I’m excited to play a key role in Cobalt’s development as we prepare to go live this year and reengineer the FX market from the ground up.

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