360 Trading Networks has opened a new office in Dubai, United Arab Emirates

Frankfurt, 21st June 2010: 360 Trading Networks, one of the leading portals for global foreign exchange trading, today announced that it has opened a new office in Dubai, United Arab Emirates, to meet the rising demand from clients in the Middle East. "MENA is playing an increasingly important role in financial markets and it's essential as a global company to be on the ground in the region," said Alex Johnson, Regional Sales Manager Middle East.

"With our decision to expand our operations into the region, banks, corporates and institutional investors can execute FX and money market products on our multi-bank / multi-product portal. Furthermore, we have launched an Islamic Multibank Trading Portal for FX Spot offering Islamic banks and corporations the opportunity to embrace electronic trading whilst adhering to Sharia principles," Johnson said. This enhances the already extensive product offering for the conventional market. 360T is also expanding the general liquidity base to include additional local market makers, which will facilitate electronic trading of GCC currencies. 360T's TEX platform already has over 75 market makers providing deep liquidity via the portal.

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