Frankfurt – March 21, 2024 – 360T has been named as the Best Trading Platform for Forwards/Swaps at the FX Market Asia Awards 2024.
Now in their seventh year, these awards were adjudicated by a panel of expert judges from across the FX industry and seek to reward firms that have developed unique and innovative ways to respond to industry needs.
On the sell-side, 360T’s Swaps User Network (SUN) continues to fundamentally change and enhance how firms are trading FX Swaps. It is the first platform to facilitate FX Swaps trading via API with midpoint matching and offer a continuous streaming mid-price.
This midpoint is derived from the award-winning Swaps Data Feed (SDF), a unique product that is directly integrated with the pricing engines of over 20 top FX banks to provide a highly granular view of the marketplace and a truly accurate mid-market price.
The SDF is also widely used by buy-side firms as a benchmark for conducting transaction cost analysis and, crucially, to help effectively automate their Forwards and Swaps trading activity within 360T’s Execution Management System (EMS).
“We are delighted to have been named as the Best Trading Platform for Forwards/Swaps,” said Andrew Jones, Managing Director of 360T APAC.
He added: “We have been focused on building a suite of market-leading solutions for trading these instruments as they represent the largest and fastest growing segment of the FX market, and we are very proud to see them being recognised today by industry experts in APAC.”
About 360T Group
360T is one of the globally leading trading platforms for Foreign Exchange (FX). 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. With over 2,600 buy-side customers and more than 200 liquidity providers across 75 different countries, 360T is uniquely positioned to connect the global FX industry.
Headquartered in Frankfurt am Main, Germany, 360T maintains subsidiaries in London (360 Trading Networks UK Limited), New York (360 Trading Networks Inc), Singapore (360T Asia Pacific Pte. Ltd.), Mumbai (ThreeSixty Trading Networks (India) Pvt Ltd), Kuala Lumpur (360 Trading Networks Sdn Bhd) and Dubai (360 Trading Networks (DIFC) Limited).
Further information: www.360t.com
360T media contact:
Sarah Brylewski
+49 69 900 289 369