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. The awards will be presented on 30 November, 2016 at the Intercontinental Park Lane, in London Mayfair.
“We feel extremely honored to be consecutively awarded with this prestigious accolade. For us being named as the “Best Professional e-Trading Venue”, means the synergy of multi-dimensional layers consisting of all people with innovation power working for 360T as well as loyal clients appreciating 360T’s sustainable and highly professional technology and depth in liquidity. ” said Carlo Kölzer, CEO of 360T.
“Over the last 12 exciting months our platform has maintained 99.99 % availability, while handling 100’s K quote messages a second and has been 100 % responsive during major economic events such as Brexit or the US election. There were several 100 executions per second at ultra-high volatility. The above mentioned reliability of service levels and system availability are key and therefore highly appreciated by our clients as it shows the consistency and predictability of trading on 360T’s platform.”Kölzer adds.
“In order to always be at the absolute forefront, we continuously invest into the development and enhancement of all our technology components as well as in extending the value chain for our clients. We will also be using Deutsche Börse Group infrastructure assets to lay the foundations for a hybrid market and eventually enable the market participants to execute through a single gateway.”
FX Week awards recognize excellence and superior performance in the global FX industry and are the result of a reader’s vote. The survey is open to any foreign exchange end-user, including dealers, brokers, institutional investors and corporations and therefore represents the views of professionals active in the FX world, thus offering an authoritative user perspective of the services and platforms they use daily.
About 360T Group
360T is an independent and globally-established trading venue. As Deutsche Börse Group’s powerhouse for FX, 360T provides a web-based trading technology for over-the-counter (OTC) instruments, integration solutions and related services. Since its inception in 2000, the company has developed and maintained a state-of-the-art multi-bank portal for foreign exchange, cash and money market products and FX/interest rate derivatives.
360T’s secure global transaction network enables clients to trade with greater transparency and enhanced control at every stage of the trading lifecycle. The company also offers licensing of a hosted white labelled trading technology between a scalable group of price-takers and either proprietary price providers or a rich choice of back-to-back liquidity sources. 360T’s buy-side clients are national and multinational corporate treasuries, institutional clients (asset managers, hedge funds, commodity trading advisors), broker/dealers and banks. The company is authorized under German law and regulated by the German Federal Financial Supervisory Authority (BaFin).
Headquartered in Frankfurt am Main, Germany, 360T maintains subsidiaries in New York (360 Trading Networks Inc), Singapore (360T Asia Pacific Pte. Ltd.), India (ThreeSixty Trading Networks (India) Pvt Ltd) and Dubai (360 Trading Networks LLC).
Further information: www.360t.com
Head of Marketing & Communication 360T Group
Tel: +49 69 900 289 112