Frankfurt – August 17, 2021 – 360T has been named as the “Best Market Data Provider” at the FX Markets Asia Awards 2021.
Now in their third year, these awards recognise the best technology providers, banks, dealers, brokers and currency managers in the Asia-Pacific region. The winners were determined by a selection of senior FX market professionals from across APAC and reflect the achievements of firms which have developed unique and innovative ways to respond to industry needs.
360T was particularly recognised by this year’s judges for its Swaps Data Feed (SDF), developed in partnership with DIGITEC, the specialist provider of FX Swaps technology and data. The feed is directly integrated into the pricing engines of over 20 top FX banks to create a truly accurate reflection of where the FX swaps market is trading for the first time ever.
Upgrades of other products in the data suite have seen 360T increase the frequency of updates on its Essential Data Feed (EDF), which offers streaming Spot FX market data, to 1 update per millisecond and launch the Flow Data Feed (FDF). The FDF provides an aggregated daily representation of all FX Spot and Forwards flows traded across the entire 360T franchise. 360T also offer a Historical Data Feed (HDF), offering scrubbed and verified historical data, which allows users to deepen their insight into the FX marketplace and effectively back-test algos and other in-house apps
“We’re delighted to have been named as the Best Market Data Provider in the APAC region. The importance and value of having access to accurate, high-quality data across different FX instrument types has never been more apparent than it is today, and that is why 360T made a strategic investment in our market data suite. This award validates that strategy and demonstrates that FX market participants in APAC recognise the unique benefits of our class-leading data products,” said Andrew Jones, Managing Director of 360T APAC.
“We would like to offer our congratulations to 360T for winning this prestigious award. Consistent with our commitment to be at the forefront of innovation within the FX market, ICBC Asia has become the first Chinese bank to begin offering FX swap pricing through this eFX technology. SDF is a differentiated data product that has enabled us to broaden our product range and enhance the level of service that we are able to deliver to our clients,” say Garry Yau Deputy Head, Global Markets Department and Dora Dong RMB FX Head, Global Markets Department at ICBC Asia.
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 2,200 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 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
DIGITEC is the company behind the world-leading FX, Money Market, Interest Rates and Precious Metals pricing engine D3. More than 50% of the Euromoney Top 50 FX firms use DIGITEC, running the software on a 24h basis in different trading centres globally. DIGITEC also offers Swaps Data Feed (SDF), in partnership with 360T.The company is based in Hamburg, Germany with a sales office in London.
360T Media Contact
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