Top FX banks join 360T  
     
     
 
360T®, operator of Cross-Product Multibank Portal TEX® and provider of OTC trading technology, announced that that three new international FX providers have joined the portal in its rapid growth across Europe.
     
 
Lehman Brothers, Société Générale and BNP Paribas are now also providing liquidity via TEX® Multidealer Trading System to 360T’s fast growing international client base of corporate treasuries, institutionals and market user banks. The recent movement of several international top banks joining the cross-product portal for FX, MM and IRD trading, reflects 360T’s successful strategy of expanding into further client segments and country markets.
 
     
  “We are proud to experience as an independent portal that we are able to attract banks of such caliber” says Carlo Kölzer, co-founder and managing partner of 360T. “This is a clear sign that we are on the right track of creating value as an e-commerce channel for our sell-side partners with our product and growth strategy.”    
     
  “The fact that 360T continues to add 1-2 new liquidity providers per month on average, means that our vision of covering multiple asset classes and processes in a treasury environment, combined with an impressive speed of proprietary technology development, seem to be well rewarded by the market” Kölzer adds.      
 
     
 
Copyright © 2004 360T