Frankfurt – July 27, 2021 – 360T has won in three categories at the FX Markets 2021 e-FX awards: “Best Venue for Forwards/Swaps”, “Best Liquidity Aggregation Service” and “Best New Venue Initiative”.
The winners of the e-FX Awards, which are now in their 19th year, are determined by a panel of expert judges from across the FX industry, in addition to senior editors at FX Markets. The stated aim of the awards is to recognise the dedication, skill and creativity that market participants pour into the growing, changing world of electronic foreign exchange trading.
This is the second consecutive year that 360T has been named as the Best Venue for Forwards and Swaps trading, with its innovative 360TGTX MidMatch platform proving to be a real differentiator within this category.
For the Best Liquidity Aggregation Service category much of 360T’s entry focused on the HyperSonic technology which was introduced over the past year. HyperSonic has enabled the aggregation of Spot FX liquidity from across 360T’s large and diverse global user base, allowing for more matching opportunities across different liquidity pools without compromising expected outcomes or affecting trading styles.
The Best New Venue Initiative award was granted to 360T for the launch of its Streaming NDFs offering, which meets a growing demand within the FX industry for an alternative hedging venue. Crucial to the success of this initiative is 360T’s global presence and franchise, which puts it in a unique position of being able to connect local onshore liquidity with a worldwide community of offshore users.
“We are delighted to have won these three awards,” said Carlo Kölzer, CEO of 360T and Global Head of FX at Deutsche Börse Group. “In an extraordinary year we have maintained our commitment to constant innovation, creating unique technology solutions designed to meet the specific needs of our clients. These awards are a testament to our success in this endeavour and reflect the expertise, professionalism and dedication of the team at 360T.”
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).
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