Frankfurt – September 30, 2024 – 360T has won three awards at the Asia Risk Awards 2024, being named as the Buy-Side Trading System of the Year, Market Data Vendor of the Year and OTC Trading Platform of the Year.
The Asia Risk Awards recognise excellence in risk management, derivatives and technology, where the winners are expected to demonstrate that their provided solutions serve financial services firms in meaningful and innovative ways.
360T’s winning submission for the Buy-Side Trading System of the Year award was focused on its market-leading Execution Management System (EMS), which is used by firms globally and in APAC to manage and trade their FX exposures in a cost effective and streamlined manner. The EMS directly addresses the buy-side challenge of achieving best execution by optimising their trading activity, alleviates the growing burden of handling larger flows by automating across the trade lifecycle, reduces operational risks by eliminating manual processes and allows firms to maintain a clear and comprehensive audit trail of all trading activity.
360T won the Market Data Vendor of the Year award due to the unique suite of FX market data products that it has developed, in addition to the practical applications for them that are being utlised by FX market participants in APAC. The suite includes the Swaps Data Feed (SDF), Essential Data Feed (EDF), Historical Data Feed (HDF), Flows Data Feed (FDF) and Precious Metals Data Feed (PMF). The SDF and PMF were created in partnership with DIGITEC.
The winning award submission for OTC Trading Platform of the Year highlighted both the breadth and quality of 360T’s offering. More specifically, it emphasised the growing adoption of 360T’s Swaps User Network (SUN), the advanced technology of 360TGTX, the world class functionality and design of the Bridge live pricing GUI and the advanced automation tools contained within the EMS. To help FX market participants optimise their trading across all of these platforms, 360T also provides access to market data, analytics and FX algos.
“We are excited to have been recognised in these three categories at such prestigious awards. 360T continues to see strong adoption of our EMS amongst buy-side firms in APAC and our market data offering has become a core part of the overall business. Both are part of our holistic OTC FX trading offering, which enables us to partner with and support the broadest possible cross section of market participants in the world’s largest asset class,” said Andrew Jones, Managing Director, 360T 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
[email protected]