360T is an ideal solution for banks as a Market Maker and Market Taker, allowing them to act as both – Market Maker and Market Taker.
In a technically evolving and ever more competitive market environment the positioning and focus of banks can always change. Banks therefore look for technology that allows them to position themselves flexibly as electronic rate providers across different asset classes, products or currencies. 360T is the ideal solution for banks as it allows them to act as both market maker and market taker at the same time and represents a major distribution channel of choice to their buy-side clientele. Therefore, 360T provides a full range of efficient business solutions for Market Taker and Market Maker Banks.
360T is the perfect trading network to source liquidity in several product types and currencies. A variety of different trading mechanisms, including Request for Streaming (RFS) or instantly Executable Streaming Spot (ESP) prices, provide a “one-stop shop” for multiple styles of trading.
TEX® Multidealer Trading System enables Market Taker Banks to trade multiple financial instruments in the most efficient way.
360T’s global presence and local market accessibility make for one of the fastest growing major distribution networks worldwide with several hundred buy-side participants and several dozens of liquidity providers already connected to each other on a bilateral basis. The connection to 360T provides a market maker bank with the vast opportunity to market its individual core competences in the OTC market (product, currencies, etc) to a wide range of top tier Corporate treasuries, institutionals, market taker banks and broker/dealers.
With a direct link between either 360T’s Market Maker Cockpit or another pricing engine and the TEX® Multidealer Trading System, customer requests can be quoted via a fully integrated API (Application Programming Interface). Products not quoted automatically are delivered via a trader applet for manual quotation. Market makers using the 360T-platform can, therefore, respond quickly and with flexibility to meet the full spectrum of different types of requests sent by clients.
Market Maker & Market Taker
Specialisation and focus have created an environment where banks act as a market maker for some products/currencies and as market taker for others. 360T trading solutions offer the ability to combine buy- and sell-side activity of a bank within one technology structure and provide a full range of efficient business solutions for sourcing risk and laying it off.
Banks which already quote on 360T´s multi-bank portal as a market maker can also benefit from the various advantages of the buy-side facilities to maximize profitability, increase efficiency and reduce execution and operational risk.