Tag: 360T

360T

FX Platforms Hit New Peaks in March

As expected, FX platforms saw a leap higher in average daily volume (ADV) during the market’s version of March Madness, with the first five to report data hitting new highs as well as establishing new individual day records. Deutsche Borse’s 360T reports spot FX ADV of $36.9 billion, a 36.2% increase from February, which was […]

Gergely Joins 360T

Tibor Gergely has joined 360T in London as head of spot FX strategy. He will report to Simon Jones, chief growth officer of 360T and follows the hire earlier in march of Gavin Wells as head of FX swaps strategy. Gergely joins after nearly three years at Unicredit where he was most recently head of […]

And Another Thing…

I mentioned in a recent column the increasing noise around fragmentation in equity markets, specifically end user frustration and unhappiness with it, but it is noticeable to me that the same discussion is gaining more volume in FX. Now I need to stress that this is not me (for about the 10th time) predicting consolidation […]

More Positive News from FX Platforms

Following new records for three platforms reported earlier this week, a second group of platforms has unveiled strong turnover data for February. CME Group says that notional average daily volume (ADV) across its futures and options product suite was $98 billion in February, a 33.1% increase from January and a 32.6% increase from February 2019. […]

Platform Volumes Recover in January

As to be expected the first round of FX platforms to provide volume data indicate that turnover increased from December, however two of the three did show a year-on-year decline. CboeFX says average daily volume (ADV) on its FX platforms was $33.6 billion, a 12.4% increase from December, but a 6.7% decline from the previous […]

In the FICC of It

There is a packed agenda for Galen Stops’ last In the FICC of It podcast as he and Colin Lambert discuss a busy week in FX markets – especially if you’re in the survey business! After Lambert salutes Refinitiv for its gesture in donating brokerage to the Australian bushfire relief effort and Martin Mead on […]

How Technology and Data Are Opening the Door to FX Automation

Sebastian Hofmann-Werther, Head of EMEA at 360T, explains how the barriers preventing greater automation for trading non-spot FX products are being overcome, and why buy-side firms could stand to benefit significantly as a result of this. We would argue that the benefits of automating FX trades are largely self-evident. After all, you only have to […]

Wells to Head FX Swaps Strategy at 360T

Deutsche Börse’s 360T has appointed Gavin Wells as head of swaps strategy. Starting at the beginning of February, he will be based in London and report to Simon Jones, chief growth officer at 360T. Wells has previously run FX trading at Citigroup, led ForexClear at LCH and most recently was head of Europe at Digital Asset […]

360T Hires Two

360T has hired Joshua Bernstein and Rodolfo Ledesma, according to market sources. Profit & Loss understands that Bernstein started last week in the firm’s New York office as a sales manager and that Ledesma, who is based in Toronto, joined two weeks ago as a product specialist. Prior to joining 360T, Bernstein worked at Currenex […]

And Finally…

Welcome to 2020 and may I wish you all a healthy and prosperous new year – if we’re looking in purely market terms I suppose that means some volatility. There were a few things that caught my eye over the holiday period, all of which I will, hopefully, get to in the next week, but […]