FRANKFURT AM MAIN – 30th May, 2017 – Deutsche Börse Group’s powerhouse for FX 360T, today announced that it has been named the “Best” in three important categories in the industry-recognized Euromoney FX Survey 2017 for Multi-Bank and Independent Platforms: “Speed of Execution”, “Variety of Dealers” and “Breadth of Currencies”. Moreover the company was able to further expand its already strong market position by increasing its market share to 11 %.
The survey results are based on votes from financial institutions and corporate treasuries and represent the most comprehensive quantitative and qualitative annual study available on the FX markets.
“It is a great reflection of our platform, solutions and services that we have been recognized in the eleventh consecutive year as winner in one of the most important surveys of the global FX industry. At this point we would like to thank our customers for their continuous support,” said Carlo Kölzer, CEO of 360T. “Earning these awards is again a big compliment and appreciation to the people working at 360T.”
“The gain in market share in a challenging FX environment also clearly reflects the success of our Growth and Accelerate program as part of 360T’s and Deutsche Börse Group’s FX strategy. Following that strategy 360T/Deutsche Börse Group will provide a true one-stop shop to our customers, an hybrid FX marketplace through a single integrated gateway and alternative solutions for credit mitigation,” he added.
About 360T Group
360T, Deutsche Börse Group’s Foreign Exchange (FX) powerhouse, is an independent, globally-established trading venue. The company provides web-based trading technology for over-the-counter (OTC) instruments, integration solutions and related services. In addition to its existing cutting-edge multi-bank portal for FX, Cash, Money Market and Interest Rate Derivatives products, 360T, together with Deutsche Börse Group, provides its clients with the most holistic offering on the market by combining FX OTC and on-exchange FX trading. This infrastructure is the foundation for a truly hybrid model and a unique future FX ecosystem.
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 for a hosted white labelled trading tech solution, between a scalable group of price-takers and either proprietary price providers or a rich selection 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