Banks


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.

Tradable Products


FX Spot
FX Forwards
FX Swaps (even and uneven)
FX Options
FX Limit Orders
NFDs
Precious Metals
Energy/Fuel Commodities
Time Loans/Deposits incl. Rollovers
Money Market Funds
FRAs
IRS

Market Taker

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.

Your Benefits

Request for Stream (RFS)

One-click execution of quotes in FX spot, forward, swaps, options and Money Markets (without partially filled or rejected quotes).

Executable Streaming Spot - SuperSonic Trader™

SuperSonic Trader™, 360T´s unique solution for ultimately liquid and fast FX spot trading and it combines liquidity of permanent streams and RFS. Its relationship-based, non-anonymous “Streaming Price Aggregator” model enables dealers to build and monitor their own book of individual stream providers for each currency couple. Resting orders enable dealers to manage their position professionally & effectively.

Costs

NO monthly access fees and NO transaction charges no matter which instruments you trade.

Transparent Pricing

Greater efficiency in sourcing of FX, Money Market and Interest Rate/FX Derivative products from multiple providers.

Pre- and Post-Trade

Online electronic interface provides seamless integration to any treasury management system and to Traiana´s Harmony prime brokerage network.

Audit Trail

360T generates a complete electronic audit trail for each transaction, compliant with MiFID (Markets in Financial Instruments Directive) best price execution requirements.

Reporting

Comprehensive reporting tools allow users to identify cost savings, counterparty rankings, and volumes by product and currency pair along with many more analytical benefits.

Prime Brokerage

360T provides integration to prime broker services for better access to prices and deeper liquidity.

Fast Implementation

Set-up is as easy as installing any browser based tool.

I-TEX Intra-Group Trading System

I-TEX allows a market taker bank to offer a proprietary branded trading service to its branch network, asset management division and direct customers. The solution supports professional trading across multiple instruments, FX limit order management and trading on margin basis. A rule-based pricing and margin engine, comfortably configured and controlled from a desktop, differentiates pricing by client entity, instrument, currency, tenure and notional.

Order Management Tool

360T´s scalable order management system is designed to support clients to simplify their FX Limit Order process.

Support / Training / Post-Sales Support

360T offers comprehensive 24h support. A separate test server environment is provided for client demonstration and training purposes.

Market Maker

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.

Your Benefits

Sales channel

A single powerful connection with a profitable sales channel to corporate, market taker bank and institutional flow.

Increasing revenues

Automated pricing of online requests leads to increased deal flow. Sales desks are then free to focus on high-margin products, relationship management and non-standardised requests.

Efficiency improvements

By automating the capture, processing and settlement of the transaction, sell-side banks improve their operational efficiency.

Reporting

All market maker banks receive a full monthly breakdown of trading request and execution activity according to counterparty, product and currency and currency pair, along with time and quality measurement of trading response.

Deal Confirmation

Read-only mode for back office, export to e-mail, printer, spread sheet and a full history of activities with individual filter mode.

Reduction of operational risk and credit risk

Transcription errors are eliminated by single entry and straight-through-processing of data. An optional online limit check solves the problem of credit risk.

Market Access through competitive pricing

Competitive pricing helps banks target and win new customers within 360T’s attractive and highly diverse group of clients.

Cost Reduction

A more efficient use of time and manpower, as well as significantly reduced communication and associated costs compared to using the phone for price distribution/search and negotiation.

I-TEX Intra-Group Trading System

Proprietary branded trading service for internal routing to a central execution desk or distribution channel of trading prices to group sales desks or White Label platform to external clients. The solution supports professional trading across multiple instruments, FX limit order management and trading on margin basis. A rule-based pricing and margin engine, comfortably configured and controlled from a desktop, differentiates pricing by client entity, instrument, currency, tenure and notional.

Bank-Independency

360T’s independence and neutral market approach provides an ideal platform on which counterparties can trade OTC financial instruments with confidence and mutual trust.

Support / Training / Post-Sales Support

360T offers comprehensive 24h support. A separate test server environment is provided for client demonstration and training purposes. An integration platform is available for “live” testing with your pricing engine.

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.

Your Benefits

Multi-asset trading

FX, MM and IRD with clients.

Multi-product trading

FX, MM, IRD for own liquidity as market taker.

I-TEX Intra-Group Trading System

Proprietary branded trading service for internal routing to a central execution desk or distribution channel of trading prices to group sales desks or White Label platform to external clients. The solution supports professional trading across multiple instruments, FX limit order management and trading on margin basis. A rule-based pricing and margin engine, comfortably configured and controlled from a desktop, differentiates pricing by client entity, instrument, currency, tenure and notional.

Auto pricing

Auto pricing to internal & external requests via a 360T auto dealing suite (market data & spread) or manual pricing.

Auto routing of requests

Back-to-Back routing to other Market Makers.

Automated capture and reconciliation

Direct link to front- / back-office systems.

Audit trail

Electronic deal confirmation and Deal Blotter for internal & external audit trail.

History record / reconciliation

Read-only mode for back-office, export to E-mail, printer, spread sheet and a full history of activities with individual filter mode.

Support / Training / Post-Sales Support

360T offers comprehensive 24h support. A separate test server environment is provided for client demonstration and training purposes.

Learn more about 360T’s innovative solutions. Request a demo.