Authorisations & Approvals

In the Provence of Ontario, 360T Inc. SEF operates under the terms of an exemption order granted by the Ontario Securities Commission (OSC) on 13 June 2016.

In the Provence of Quebec, 360T Inc. SEF operates under the terms of an exemption order granted by the Autorite Des Marches Financiers (AMF) on 23 October 2017.

In the Provence of Ontario, 360T AG MTF operates under the terms of an exemption order granted by the Ontario Securities Commission (OSC) on 14 June 2019.

360T AG is authorised by the German Federal Financial Supervisory Authority (BaFin) for providing OTC trading services as well as being the operator of a Multi-Lateral Trading Facility (MTF). In accordance with the pass-porting provisions of the EU Markets in Financial Instruments Directive (MiFID), 360T AG provides its services on a cross border basis from its Home State of Germany throughout all Member States of the European Economic Area*.

*The EEA is comprised of all 27Member States of the European Union, plus Iceland, Lichtenstein, and Norway.

Under the terms of an equivalence decision between the European Securities Markets Authority (ESMA) – the EU’s chief regulatory authority – and the CFTC 360T Inc. may provide its services into the EEA.

360T AG was approved as a Money Broker by the Hong Kong Monetary Authority (HKMA) on 10 December 2014.

360T Inc. was granted approval as a Money Broker by the Hong Kong Monetary Authority (HKMA) on 24 January 2022.

360T India PTE obtained authorisation from the Reserve Bank of India (RBI) to provide and operate an Electronic Trading Platform (ETP).

360 Trading Networks Sdn. Bhd received approval from Bank Negara Malaysia (BNM) to carry on money broking business under the Financial Services Act 2013 and to operate an Electronic Trading System on 22 April 2020.

On 7 January 2021 the Monetary Authority of Singapore (MAS) granted 360T AG authorisation to undertake activities as Recognised Market Operator (RMO).

As an RMO under section 8(2) of the Securities and Futures Act (Cap. 289) (“SFA”), 360T is restricted to its operation of an organised market (i.e. its MTF) in respect of approved products. In addition to approved products on MTF, the following financial instruments are also available for trading outside 360T’s MTF on 360T OTC trading system, TEX:

• FX Spot
• Money Market Funds inc. Deposit, Loan, Rollover, FRA
• Interest Rate Derivatives: Interest Rate Swaps, Cap/Floor
• Jet Fuel Swaps

From 12 February 2016, 360 Trading Networks Inc. SEF has been recognised by Swiss Financial Market Supervisory Authority (FINMA) as a foreign trading venue according to Art. 41 FMIA.

From 8 December 2017 360 Treasury Systems AG MTF has been recognised by FINMA as a foreign trading venue according to Art. 41 FMIA.

Following the UK’s exit from the EU and the end of the passporting capabilities otherwise provided for under MiFID – from 1 January 2021 360T operates in the UK under the terms of the UK Temporary Permissions Regime (TPR) as overseen and supervised by the UK regulator, the Financial Conduct Authority (FCA). This regime will allow 360T to continue doing business without disruption – and in time allow for 360T to obtain full authorisation as a regulated firm by FCA.

The TPR means that 360T clients, whether in the UK or elsewhere, can continue to conduct their transactions via 360T trading systems as normal.

As an overseas person 360T Inc. may provide its SEF services into the United Kingdom under the terms of the overseas persons exemption.