News & PRESS
Below a list which encompasses recent press releases and articles related with our company.
Union Investment trades first Eurex FX Futures
Union Investment, one of Europe’s leading asset managers for private and institutional clients, has started trading Eurex FX Futures after seeing growing traction in the product as part of their overall FX portfolio strategy.
360TGTX to roll out NDF streaming
Deutsche Börse-owned 360TGTX plans to unveil a streaming technology in the next quarter that is designed to help facilitate the entry of bank algos into the growing non-deliverable forwards (NDF) market, as well as support credit intermediation.
360T Looks to Drag FX Swaps Trading into the 21st Century
As 360T prepares to go live with a new electronic marketplace for banks trading FX swaps, Galen Stops takes a look at the details behind the launch.
Börse erwägt Milliardendeal
Die Deutsche Börse sucht große Zukäufe – und liebäugelt dabei mit einem Kauf der Devisenhandelsplattform FXall. Die Akquisition würde über drei Milliarden Dollar kosten und wäre aus Sicht von Analysten strategisch sinnvoll.
Start auf der Bierkiste
Begonnen hat alles auf einer Bierkiste. Dort stand nach der Gründung im Jahr 2000 der Server der Devisenhandelsplattform 360T. Mehrmals stand das Unternehmen vor dem Aus. Doch Firmengründer Carlo Kölzer und seine Kollegen beißen sich durch.
That ever-shrinking distance between OTC and Listed FX
While the abundance of pools still rings true, the FX market is quite a distance through a front-to-back evolution that has changed it from where bilateral and disclosed liquidity was the norm, to a landscape where there are multiple routes you should consider in order to get the trade you need, done.
FLOW TRADERS enters Eurex FX derivatives as new liquidity provider
Flow Traders has joined the panel of quality FX liquidity providers for the Eurex FX Futures products, further deepening liquidity to investors. As of now, Flow Traders will provide liquidity throughout the whole range of monthly- and quarterly deliverable FX Futures, as well as in the non-deliverable Rolling Spot Futures.
ABN AMRO clearing offers immediate support for Eurex FX derivatives
ABN AMRO Clearing now provides immediate support for the Classic FX derivative contracts with attributes including monthly and quarterly expiries that are immediately familiar to existing FX derivative users, as well as the innovative Rolling Spot Futures product that is now live.
360T sets sights on becoming FX one-stop shop
Does anyone remember Mifid II, or the staggering amount of time, energy and resources that were being expanded around this time last year? With that deadline now firmly in the past, market participants have been able to consider investments and innovations unrelated to the regulations, and go back to business as usual.
Watch the interview in which Carlo Kölzer, CEO 360T Group and Global Head of FX at Deutsche Börse Group, talks to Galen Stops about how the FX market is still “under-futurised”. Discussing 360T’s increasing FX offering, Carlo Kölzer highlights its credit mitigaton solutions as one potential driver of more “futurised” FX products.
360T expands algo suite to meet growing corporate demand
In the last four years, the number of liquidity providers offering algo execution strategies has risen significantly, with currently close to 20 banks now providing services. This in turn further raises the profile of FX algos among corporate treasurers, with a growing number becoming curious about their usage and benefits, explains Simon Jones, Chief Growth Officer of 360T, Deutsche Börse Group’s FX unit.
360T, Deutsche Börse Group´s FX unit, has announced the expansion of the 360T Algo suite
In a response to growing Corporate interest in the Algo space, 360T has further expanded the Liquidity Providers accessible through 360T TEX.
Germany: Land of Opportunity for FX Algos
As demand rises among large multinationals, Mittelstand companies and asset managers, German banks and trading platforms have invested in FX algos. Traditional risk transfer continues to play a role, but algos are here to stay. Joel Clark reports.
Deutsche Börse Group’s Foreign Exchange unit 360T acquires GTX ECN business
Deutsche Börse Group’s Foreign Exchange unit 360T is expanding its participation in the global FX market and presence in the US by acquiring the GTX ECN business from GAIN Capital Holdings Inc. A purchase agreement was signed on May 29, 2018.
FX Algo trading – implementing solutions right through the workflow
Alfred Schorno, Global Head of Sales 360T Group, on the focus on electronic execution and the increased use of Algos as part of an execution strategy.
360T takes on three senior hires
360T Group, Deutsche Börse Group’s FX division and independent global provider of a multi-bank, multi-asset trading platform has appointed Randy Rupan as Head of Spot for the Americas, Robin Nicholas as Swap Product Manager and Paul Lonsdale as Liquidity Manager Americas. All three bring a wealth of experience in their respective fields to 360T.
M&G selects 360T for FX
M&G Investments has opted for Deutsche Börse-owned 360T as its workflow technology provider for FX order handling and execution, the Frankfurt-headquartered platform provider has announced.
M&G Investments has chosen 360T to provide streamlined workflow technology
360T, Deutsche Börse Group’s company for FX, has announced that it has been selected by M&G Investments to provide streamlined workflow technology for order handling and execution.
Liquidity, independence, analytics and transparency: Why some institutional FX ECNs still stand out from the crowd
Vikram Srinivasan, Head of FX Spot 360T Group, speaks with e-Forex on the real value of an ECN.
360T responds to trends with clearing launch
360T, the winner in the Best Professional E-Trading Venue category at the 2017 FX Week Best Banks Awards, responds to regulatory changes and market trends by gearing up to offer a clearing solution.
Unbundled services: Credit and liquidity – old problems, new solutions
FX is a truly unique market both in its scale and the diversity of its market participants. By Vikram Srinivasan, Head of FX Spot 360T Group.
The South African Treasurer
Solutions and partnerships for the next-generation Corporate Treasurer
One special aspect of 360T’s proposition is its strategic partnerships. Article appeared in the 2017 ACTSA journal published by Treasury Management International.
360T secures three wins at Euromoney FX Survey 2017 and increases its market share
360T has been named the “Best” in three important categories in the industry-recognized Euromoney FX Survey 2017 for Multi-Bank and Independent Platforms.
360T launches ECN and announces new record volumes
360T has launched an undisclosed electronic communication network (ECN) and announced record daily average trading volumes (ADV) for April, as well as a new all-time high.
360T hires Simon Jones as Chief Growth Officer
Simon Jones has joined 360T as chief growth officer, responsible for expanding the trading platform´s current line of products, as well as the launch of upcoming ones.
360T appoints Simon Jones as Chief Growth Officer
360T Group, Deutsche Börse Group’s powerhouse for FX and independent global provider of a multi-bank, multi-asset trading platform, continuous to invest in accelerating its strong growth path by making a high caliber addition to its Management.
Asian FX e-trading: beyond the tipping point
360T has seen significant volume growth in North Asia, especially in Hong Kong, Taiwan and China during the last year. As foreign exchange trading volumes swing further towards Asia, eFX takes centre stage, writes Richard Willsher.
360T Jack Linker joins 360T as Head of Bank and Hedge Fund Sales for the Americas
360T Group, Deutsche Börse Group’s powerhouse for FX and independent global provider of a multi-bank, multi-asset trading platform, has appointed Jack Linker as the Head of Bank and Hedge Fund Sales for the Americas. He will be based in New York where he reports to Matt O’Hara, CEO 360T Americas.
360T named “Best Professional e-Trading Venue” at the 2016 FX Week Best Banks Awards
360 Treasury Systems AG (360T), Deutsche Börse Group’s powerhouse for FX, global multi-bank, multi-asset trading platform and infrastructure solutions’ provider, disclosed today that it has been consecutively voted the winner of the “Best Professional e-Trading Venue” at the 2016 FX Week Best Banks Awards.
360T eyes Clob Rollout in Q1 2017
Over the next two years, 360T is set to release several products and services geared to risk mitigation and best execution, indicating the FX platform is positioning itself almost as a one-stop shop for its clients entering the fragmented market.
Nothing is as constant as change
Roger McAvoy, Regional Sales Director, Asia Pacific, and Andrew Cromie, Global Head of Product Management for Institutional Investors, 360T, on how to achieve better outcomes and embrace change to realise meaningful results.
Trade smarter with FX TCA
Jim Cochrane, Head of Institutional Investor Sales for the Americas at 360T, tells FX-MM why FX transaction cost analysis is a must for the buy-side and how it can drive down trading costs.
New solutions and partnerships for the next-generation corporate treasurer
360T is broadening its reach with new products, services and partnerships. One area in which 360T is partnering with multi national corporations is in automated trading, with the introduction of its execution management system.
360T partners with BELLIN for trade-confirmation service
360T is offering a fully-integrated trade confirmation solution for corporates, thanks to a partnership with BELLIN, a web-based treasury software and services provider.
360T offers an integrated confirmation matching service in partnership with BELLIN
360T, Deutsche Börse’s powerhouse for FX and independent global provider of a multi-bank, multi-asset trading platform, now offers a fully integrated trade confirmation solution in partnership with BELLIN, a global leader in providing web-based treasury software and services.
Minna Lehto Sousa joins 360T as new Head of Sales Nordic
360T, Deutsche Börse’s powerhouse for FX and independent global provider of a multi-bank, multi-asset trading platform, has appointed Minna Lehto Sousa as Head of Sales Nordic.
2017 to be Tipping Point for FX Clearing
In P&L, David Holcombe, Product Manager for Listed FX and Clearing, explains why 2017 will be the tipping point for a major structural evolution that will free the market from many of its current constraints, marking a new generation of FX.
Alfred Schorno, Global Head of Sales 360T Group, contributes to the FX-MM Virtual Roundtable
FX-MM’s FX roundtable brings together industry experts at a time when the market is undergoing profound change, with the rise of non-bank liquidity providers and the retrenchment of prime brokers, and the increasing importance of connectivity.
Andrew Cromie, Global Head of Product Management for Institutional Investors, on achieving a more robust process of best execution
In e-Forex, Andrew Cromie, 360T´s Global Head of Product Management for Institutional Investors, explains why a robust best execution policy and process is not as difficult or expensive to put in place and why finding the right un-conflicted partner is key.
Euromoney FX Survey 2016 accolades 360T’s best in class product offering: Best in “Speed of Execution”, “Variety of Dealers”, “Risk Management & Compliance”, “Spread Competitiveness” and “Breadth of Currencies”
Deutsche Börse Group’s powerhouse for FX 360T, today announced that it has been named the “Best” in five important categories: “Speed of Execution”, “Variety of Dealers”, “Risk Management & Compliance”, “Spread Competitiveness” and “Breadth of Currencies” in the industry-recognized Euromoney FX Survey 2016 for Multi-Bank and Independent Platforms.
360T further invests for growth in the Americas hiring Jim Cochrane
360T Group, the center of competence of Deutsche Börse Group’s global FX strategy and independent global provider of a multi-bank, multi-asset trading platform continues to invest in accelerating its strong growth path in the Americas.
P&L Viewpoint Series – Asset Managers: Creating a Strategic Response to FX Structural Change
Andrew Cromie, Global Head of Product Management for Institutional Investors, 360T Group, writes about future market structural changes and how to prepare strategically for the upcoming challenges.
e-Forex talks with Andrew Cromie, Global Head of Product Management for Institutional Investors (PDF)
360T Extending the value chain for all their clients – e-Forex talks with Andrew Cromie, Global Head of Product Management for Institutional Investors, 360T Group, the award-winning multi-bank, multi-asset trading platform for OTC financial instruments…
Einzigartige Stellung im Devisenmarkt
“Die von der Deutschen Börse für 725 Mill. Euro gekaufte Devisenhandelsplattform 360T treibt den Ausbau ihrer Funktionalitäten voran und profitiert dabei von der Anbindung an die Eschborner. ‘Diese Übernahme bietet für uns jetzt die Chance, der einzige Anbieter im Devisenbereich zu sein, der von illiquiden Deviseninstrumenten bis hin zu hochliquiden Futures alles auf oder außerhalb von regulären Handelsplätzen anbieten kann’, so 360T-Chef Carlo Kölzer im Interview der Börsen-Zeitung…”
Regional e-FX perspective on Asia – All eyes on the RMB
By Richard Willsher
“News that the RMB is to be included in the International Monetary Fund’s Special Drawing Rights basket reserve currency has intensified expectation that the mainland Chinese currency will soon become a major feature of the e-trading landscape. At the beginning of October the People’s Republic aunched its China International Payment System (CIPS) as an interface between its domestic clearing and settlement system China National Advanced Payment System (CNAPS) and SWIFT…”
360T named “Best Professional E-Trading Venue” and “Best Vendor for Dealing Technology” at FX Week Best Bank Awards 2015
360 Treasury Systems AG (360T), the center of competence of Deutsche Börse Group’s global FX strategy, disclosed today that it has been awarded again as “The Best Professional E-Trading Venue” as well as “Best Vendor for Dealing Technology” in the FX Week Best Bank Awards. The awards will be presented on 25 November, 2015 at the Landmark, London.
Deutsche Börse completes 360T acquisition
Today Deutsche Börse completed the acquisition of 360T, following the approval of relevant antitrust authorities and the German Federal Financial Supervisory Authority (BaFin). The trading platform remains under the regulatory supervision of BaFin and operates under the existing management team. Moreover, 360T’s CEO Carlo Kölzer will join Deutsche Börse’s Group Management Committee.
The evolution of FX electronic trading on the buy-side and factors driving change
By Roger McAvoy, Institutional Sales Director, Asia, at 360T Trading Networks
“There are many reasons why the call for greater transparency in FX execution, pricing and quote management practices are coming under Review. Remarkably, this has only accelerated in the last few years, as a result of public scrutiny and media attention on uncompetitive FX pricing practices that has affected institutional investors and others globally…”
P&L Talk Series – 360T: More Than Just a Corporate Platform
Matt O’Hara, CEO for the Americas at 360T, talks to Galen Stops about the future of multibank trading platforms, building a business in developing markets and why 360T is more than just a platform for corporates.
360T celebrates 15-Year Anniversary
360T, one of the leading providers of web-based trading technologies for OTC financial instruments, today announced its celebration of 15 years in business. Since its foundation in 2000, 360T has come a long way from a small regional technology start-up to one of the leading global multi-bank trading platforms in the rapidly growing world of electronic trading.
Regional e-FX Perspective on the Middle East (PDF)
The Middle East region needs careful definition. The Arabian peninsula provides a useful guide, as it includes the Kingdom of Saudi Arabia and the Gulf states of the United Arab Emirates, Qatar, Bahrain, Oman and Kuwait. Lebanon and Jordan fall within our definition. We can effectively exclude Syria, Iraq and Iran from our e-forex market for reasons of conflict and sanctions, while further north Turkey’s geographic location, economic and trade dynamics set it apart and beyond the Middle East region.
Im Devisenhandel ändert sich die industrielle Logik (PDF)
«Fintech» ist zu einem Modewort geworden. Immer mehr Startup-Firmen aus dem Technologiebereich behaupten, den Banken ihr angestammtes Geschäft streitig machen zu können, indem sie Finanzdienstleistungen besser, intelligenter, effizienter und vor allem günstiger in digitaler Form anbieten als die «unbeweglichen, teuren und primär auf den eigenen Vorteil bedachten Dinosaurier».
Deutsche Börse AG Buys 360T Group
360T Group, the leading global provider of a multi-bank, multi-asset trading platform, announced today that Deutsche Börse Group has signed a definitive agreement to buy the company for a total purchase price of 725 million Euro. The completion of the transaction is subject to regulatory and anti-trust approval.
360T Delivers Competitive and Best Practice Last Look Behaviour
Last Look is currently a hotly debated topic and as in many cases like this, we should be careful that the pendulum is not pushed too far from the healthy middle. In principal, last look is a well-established market protocol that when utilised properly enables Market Makers to provide tighter spreads and better pricing.
Im Interview: Carlo Kölzer, 360T (PDF)
,,Die Spreads haben sich seit Jahresanfang leicht ausgeweitet‘‘.
CEO: Risiko und Preis für Liquiditätsbereitstellung werden seit den Franken-Turbulenzen und wegen zusätzlicher Kosten durch die Regulierung anders gesehen.
360T ranked #1: Best “Speed of Execution”, “Spread Competitiveness” and “Breadth of Currencies” by Euromoney FX Survey 2015
360 Treasury Systems AG (360T), leading independent global provider of a multi-bank, multi-asset trading platform, today announced that it has been named the Best in three important categories: “Speed of Execution”, “Spread Competitiveness” and “Breadth of Currencies” in the industry-recognized Euromoney FX Survey 2015 for Multi-Bank and Independent Platforms.
360T Expands Institutional Sales Team UK/IRL
360T, the leading independent global provider of a multi-bank, multi-asset trading portal, has appointed Andrew Priest as Head of Institutional Sales, UK/Ireland. Andrew Priest has joined 360T as Head of Institutional Sales UK and Ireland, reporting to Alfred Schorno, Managing Director, 360T Group.
360T Further Invests for Growth in the Americas Hiring Matt O´Hara
360T Group, the leading independent global provider of a multi-bank, multi-asset trading platform continues to invest in accelerating its strong growth path in the Americas by making a high caliber addition to its Management of the Americas.
Christian Bock joined 360T as new Head of Sales Germany
360T announced the hiring of Christian Bock as Head of Sales Germany, who is responsible for further developing their client base in one of the group’s biggest markets, across all key focus segments.
360T Named “Best Professional E-Trading Venue” at FXWeek Best Bank Awards 2014
360 Treasury Systems AG (360T), a leading independent global provider of a multi-bank, multi-asset trading network, today announced that it has been awarded as the “Best professional e-trading venue” in the FXWeek Best Bank Awards.
Two new senior hires at 360T Asia Pacific in Singapore
360T, the leading independent global provider of a multi-bank, multi-asset trading platform, continues its expansion in the Asian market by hiring 2 new senior staff at its regional headquarters in Singapore.
360T Market Maker Cockpit: Delivering control (PDF)
FX-MM quizzes Alfred Schorno, Managing Director of 360T, about how the firm’s new FX pricing engine can help put banks in the driving seat and deliver a profitable dealing business.
Special Report: Electronification and the future growth of FX Options (PDF)
Strides have been made in electronic trading for FX options recently and as Frances Faulds discovers there are still more to come.
360T Wins Five Times: Best “Speed of Execution”, “Variety of Dealers”, “Integrated Workflow Solutions”, “Spread Competitiveness” and “Breadth of Currencies” in Multi-Bank and Independent Platforms by Euromoney FX Survey 2014
360 Treasury Systems AG (360T), a leading independent global provider of a multi-bank, multi-asset trading network, today announced that it has been awarded the best in five important categories: “Speed of Execution”, “Variety of Dealers”, “Integrated Workflow Solutions”, “Spread Competitiveness” and “Breadth of Currencies” in Multi-Bank and Independent Platforms in the industry-recognized Euromoney FX Survey 2014. In the remaining categories 360T either kept or improved its position.
Im Interview: Carlo Kölzer, 360T (PDF)
Banken und Unternehmen verlagern ihr Währungsgeschäft zunehmend auf elektronische Handelsplattformen. Davon profitiert unter anderem 360T. Deren Chef, Carlo Kölzer, spricht im Interview der Börsen-Zeitung über Manipulation, Regulierung und den Nutzen von Venture Capital.
Regional e-FX perspective on Asia (PDF)
Richard Willshire reveals how all signs point to a great leap forward for e-trading in Asia’s foreign exchange market, where regulation, trade in renminbi and the Japanese retail sector are the outstanding features in the landscape.
360T Expands Customer Support
360T Group, the leading independent global provider of a multi-bank, multi-asset trading platform has appointed Marijke van Oene as Head of Business Support and Grantley Lynch as Head of Technical Support.
Joint media release of Clearstream, 360T and Commerzbank: easyJet and Commerzbank first to benefit from Clearstream cooperation with 360T
On 17 October, a first triparty trade between easyJet as cash giver and Commerzbank as cash taker was conducted on the trading platform of 360 Treasury Systems AG and settled via Clearstream, thus effectively validating the partnership announced earlier in the year. This was the first triparty trade on 360T, making easyJet and Commerzbank the first counterparties to benefit from Clearstream’s collateral management services via 360T.
360T helping to lead the growth of electronic FX options trading (PDF)
As 2014 approaches, 4 years after the race to trade FX options on platforms began in earnest, volumes traded electronically remain a small fraction of the overall market…
Regional e-FX perspective on the Australasia (PDF)
With Australasia increasingly being seen as a hotbed of innovation with respect to e-FX and Richard Willsher sets out to explore in what ways this region is set to see further growth in the use of electronic trading by all FX market participants…
360 Trading Networks Inc. receives temporary SEF registration by CFTC
360 Trading Networks Inc. announced today that it has received temporary registration from the Commodity Futures Trading Commission (CFTC) to operate a multi-asset class Swap Execution Facility (“SEF”).
360T continues US drive with new FX options head (PDF)
Frankfurt-based foreign exchange trading platform provider 360T has continued its expansion in the US with the appointment of Glenn Rosenberg as global product manager for the firm’s FX options business.
Charles River Strengthens FX Trading Solution with Integrated Electronic Quotes & Execution by 360T
Charles River, an enterprise-wide, front- and middle-office investment management solutions provider, has introduced electronic quotes and execution for foreign exchange in the Charles River Investment Management Solution (Charles River IMS). Offered in partnership with 360 Treasury Systems (360T), a leading provider of web-based trading technologies for OTC financial instruments, the solution is now in beta and scheduled for general availability in Version 9.2.
360T Wins Three Times: Best “Speed of Execution”, “Cost of Dealing” and “Spread Competitiveness” in Multi-Bank and Independent Platforms by Euromoney FX Survey 2013
360 Treasury Systems AG (360T), a leading independent global provider of a multi-bank, multi-asset trading platform, today announced that it has been named the Best in three important categories: “Speed of Execution”, “Cost of Dealing” and “Spread Competitiveness” in Multi-Bank and Independent Platforms in the industry-recognized Euromoney FX Survey 2013.
Regional e-FX perspective on the Nordic countries (PDF)
Denmark, Finland, Norway and Sweden are usually somewhere near the top of any league tables of the most technologically advanced and e-enabled countries in the world…
Spotlight on… Carlo Kölzer, 360T (PDF)
Forex multibank platform 360T has expanded in recent years and now trades average daily volume of $50-55 billion, but chief executive Carlo Kölzer sees room to grow further. He talks to Robert Mackenzie Smith.
“Corporate Treasurer können wohl noch im ersten Quartal dieses Jahres besicherte Geldmarkttransaktionen über die bankenunabhängige Tradingplattform 360T abschließen. Das teilte 360T Anfang dieser Woche mit. Der Plattformbetreiber ist dafür eine Kooperation mit dem Zentralverwahrer Clearstream eingegangen.” Den vollständigen Artikel finden Sie hier.
360T launches Streaming Swaps (FXS) platform (PDF)
Building on the success of their streaming spot service (Supersonic), 360T have again broken new ground with the launch of the innovative Streaming Swaps (FXS) platform.
Clearstream and 360T cooperate to launch pioneering triparty repo service for corporate and institutional clients
Clearstream and 360 Treasury Systems AG (360T) are cooperating on the delivery of a streamlined triparty repo solution through 360T’s sophisticated front office facilities and Clearstream’s integrated collateral management platform and securities lending product portfolio, the Global Liquidity Hub.
Nov / Dec 2012
NDFs: hedging the BRICs (PDF)
With concerns over a ‘hard landing’ still weighing on the world’s second largest economy, many multinationals will be wary of the impact that a Chinese downturn might have on their operations. But how should a corporate approach hedging…
Regional e-FX perspective on South East Asia (PDF)
The SEA region’s main geographical markets include Indonesia, Malaysia, The Philippines, Singapore, South Korea, Thailand and Vietnam. Australia, China, India and Japan are all influential in the regions markets but separate…
360T Group Announces Closing of Summit Partners´ Investment
360T Group, the leading independent global provider of a multi-bank, multi-asset trading platform, today announced the final closing of a growth equity investment made by Summit Partners.
Regional e-FX perspective on Africa (PDF)
A glance at the most recent Bank for International Settlements´ Triennial Central Bank Survey published at the end of December 2010 reveals the foreign exchange market activity on the African continent pales beside other regions…
Summit Partners Invests in 360T Group
360T Group, the leading independent global provider of a multi-bank, multi-asset trading platform, announced today that growth equity investor Summit Partners has signed a definitive agreement to invest in the company.
Regional e-FX perspective on Middle East (PDF)
If we define “Middle East” to include the entire Arabian peninsula encompassing the Gulf, Iran, Iraq, Syria, Jordan, Lebanon, Turkey, Israel and Egypt, it is region with massive foreign exchange needs…
Devisengeschäfte per Mausklick
Die Lufthansa nutzt seit zehn Jahren die Devisenhandelsplattform 360 T zur Währungsabsicherung ihrer Einnahmen. Über das System lassen sich effizient die Währungskurse von bis zu 75 verschiedenen Banken gleichzeitig einholen.