Intraday liquidity management platform Finteum says it has breached the $1 billion per week threshold in weekly intraday FX swap trades.

Finteum says Goldman Sachs is now operating and trading intraday swaps on the venue, and this, combined with increased activity by early adopters NatWest and UBS, has seen activity grow. Goldman has also completed the largest such trade on the venue to date. Finteum adds that it anticipates continued growth with a further 10 banks now expected to be live by the end of 2026.

The peer-to-peer platform is based upon distributed ledger technology (DLT) and enables banks to borrow and lend cash on an intraday basis using FX swap transactions, which are executed on the TP Icap UK MTF. Moving into 2026, and with the platform now providing access for participants to source key currencies including USD, EUR, GBP, and CHF, Finteum says it is working closely with technology partners to integrate digital money solutions and deliver PvP settlement of intraday FX swaps. 

“Intraday FX swaps are a powerful new tool to help Goldman Sachs efficiently manage our liquidity needs,” says Carey Halio, global treasurer of Goldman Sachs.” We are pleased to work with Finteum to advance this market, leveraging distributed ledger technology to execute transactions and move cash in near real time, at scale.”

Donal Quaid, group treasurer of NatWest Group, adds, “The movement of money is faster than ever before, and as markets shift towards real-time settlement, managing intraday liquidity has become critical. Technologies like DLT are transforming how quickly and confidently institutions can see, deploy and control liquidity throughout the day. Our work with Finteum is an important part of this evolution as it enables greater speed, flexibility and certainty as we adapt to a world where funding and settlement happen continuously rather than at set points throughout a day.”

UBS and NatWest Group both completed the technology work to deploy the Finteum platform components within their respective banks’ infrastructure, enabling enhanced data privacy and operational resilience, compared with centralised systems. For banks seeking a quicker time to trade, Finteum also offers infrastructure hosting services, it says.

Anthony Clark-Jones, portfolio lead – strategic ventures, UBS Investment Bank, says, “We are committed to driving innovation across our capital markets businesses, including how we source and manage liquidity in an evolving real-time market environment. By increasing intraday FX swap volumes on the Finteum Platform, we are enhancing our ability to manage liquidity efficiently – optimising our balance sheet at scale and ultimately delivering greater value to our clients. This initiative reflects our focus on leveraging cutting-edge technology to meet the demands of faster settlement cycles and rising regulatory expectations.”

Brian Nolan, CEO and co-founder of Finteum, adds, “Reaching the $1 billion weekly trade threshold is a significant moment for Finteum and for the evolution of intraday liquidity markets. Banks globally are looking for ways to operate more efficiently in real time, and intraday FX swaps are becoming an important tool in meeting this requirement. This milestone shows the momentum behind our platform as we continue to expand participation and functionality through 2026.”