Overview of 360T
360T, founded in 2015 and based in Germany, is an unregulated company that offers a comprehensive suite of trading products and services.
Their portfolio includes an Electronic Market System (EMS), Bridge, SuperSonic Trader, and 360T's Active Trading Suite, along with services tailored for both the buy-side and sell-side markets. These services attract institutional investors, liquidity providers, corporate treasuries, banks, and brokers.
360T provides a variety of solutions, including FX futures & clearing, algorithms, white-label services, a market maker cockpit, an automated dealing suite, and a multilateral trading facility. They also offer analytics services such as market data and daily trading volumes.
A demo account is available for prospective clients to trial their offerings, and they provide customer support via phone and email, along with educational resources through their content hub.
Regulatory Status
360T operates as an unregulated financial services company based in Germany. The lack of regulatory oversight means that 360T is not subject to the stringent compliance and consumer protection standards typically enforced by financial regulatory authorities.
This unregulated status can potentially expose clients to higher risks, including the absence of legal recourse in disputes and less stringent operational controls.
Pros and Cons
Pros of 360T:
Extensive Product Suite: 360T offers a diverse range of trading products including EMS, Bridge, SuperSonic Trader, and a comprehensive Active Trading Suite, meeting varied trading needs and preferences.
Global Reach: With over 2,600 buy-side customers and more than 200 liquidity providers across 75 countries, 360T boasts a wide-reaching global presence, facilitating extensive market access and connectivity.
Award-Winning Technology: The platforms trading technology has been recognized for its innovation and efficiency, particularly in automating trading processes and providing real-time liquidity aggregation.
Targeted Solutions for Various Market Participants: 360T provides tailored solutions for different types of users such as institutional investors, corporate treasurers, banks, and brokers, enhancing user experience and functionality.
Educational and Informative Resources: The platforms Content Hub offers a wealth of educational materials, including videos, podcasts, and articles, helping users stay informed and make better trading decisions.
Cons of 360T:
Complexity for New Users: The wide array of tools and services offered can be overwhelming for new users or those with limited trading experience.
Potential for Operational Overhead: Managing the broad suite of services and maintaining compliance with various global regulations will create operational complexities.
Regulatory Challenges: Being subject to multiple international financial regulations such as EMIR, MiFID, and others can pose compliance challenges and increase administrative burdens.
Market Dependence: The platforms effectiveness can be highly contingent on market conditions and the performance of its technology during high volatility.
Technology Adaptation: Continuous updates and innovations require users to regularly adapt to new tools and features, which will require ongoing learning and adjustment.
Products & Services
Products
360T offers a robust selection of trading products aimed at enhancing trading efficiency and capability.
This includes the EMS, which automates trading processes for increased operational effectiveness; the Bridge, a real-time pricing GUI designed for ease of use in trading environments; the SuperSonic Trader, known for its real-time liquidity aggregation from multiple providers; and the comprehensive 360T's Active Trading Suite, which supports various advanced trading functions.
Services
360T provides a comprehensive range of services to accommodate the complex needs of the FX market.
These services include FX Futures and Clearing to manage risk and enhance liquidity; Algos, which allow for sophisticated trading strategies; White-Label solutions for intra-group trading needs; a Market Maker Cockpit for managing trading positions; an Automated Dealing Suite to streamline trading operations; and access to both MTF and SEF platforms to comply with regulatory trading mandates.
Analytics:
Analytics at 360T are designed to empower traders with actionable insights and comprehensive market data. This includes detailed daily trading volumes that provide a snapshot of market activity and trends, along with advanced analytics tools that help traders analyze market conditions effectively.
The platform ensures that clients have access to the data needed to make informed trading decisions and strategize effectively in the dynamic FX market.
Solution
Buy-Side Solutions:
360T provides a suite of tailored solutions designed specifically for buy-side firms such as institutional investors, corporate treasuries, banks, and brokers.
Recognizing the diverse needs and unique trading workflows of each firm, 360T offers bespoke trading technology solutions that are robust, secure, and high-performing.
These solutions are customized to match the individual trading patterns and workflow requirements of each client, with a strong emphasis on custom development and regular technology releases to ensure optimal trading process design, execution functionality, liquidity sources, and integration.
Sell-Side Solutions:
For sell-side firms, including liquidity providers and market maker banks, 360T offers advanced technology products that help grow and develop their liquidity distribution networks.
The platform enables sell-side participants to interact with a diverse universe of market participants globally, accessing over 2,600 buy-side firms through various OTC and listed execution channels.
This access allows liquidity providers to effectively market their core competencies in the OTC market to a wide array of top-tier corporate treasuries, institutional investors, and other financial entities, leveraging 360T's technological expertise and global presence.
How to Open an Account？
Opening an account with 360T involves a few key steps to ensure that you can access their trading solutions effectively. Heres how you can get started:
1. Contact 360T for Initial Inquiry:
Begin by reaching out to 360T to express your interest in their services. You can contact them via the provided phone number, email, or through their website. Request information about the different products and services that suit your trading needs and ask any preliminary questions you will have about the platform.
2. Submit Application and Documentation:
Once your initial inquiry is addressed, 360T will guide you through the application process. This will typically involve completing an application form and submitting necessary documentation.
3. Setup and Configuration:
After your application is approved, you will receive assistance from 360T to set up and configure your account. This includes integrating your existing systems with their platform, setting up trading preferences, and configuring access to various tools and services offered by 360T.
Customer Support
360T provides specialized client advisory services across different regions to address customer support issues efficiently. For clients in the EMEA region, support can be reached at +49 69 900 289 19 or via email at cas@360t.com.
In the Americas, clients can contact support by phone at +1 212 776 2920 or by the same email. Similarly, clients in the APAC region can access support through the phone number +65 6325 9973 or email.
This regional approach ensures that client support is tailored and responsive, meeting the specific needs of clients across various global markets.
Educational Resources
360T offers a rich array of educational resources through its Content Hub, designed to keep market participants informed and adept in managing modern FX trading demands. The hub includes a variety of media such as press releases, thought leadership articles, and podcasts, which cover a broad spectrum of topics relevant to the FX market.
Thought Leadership: Articles and reports from industry events provide deep insights into current trends and future predictions in FX trading. These include summaries of key discussions and takeaways from major industry conferences and roundtables, offering valuable information and strategies to professionals.
Podcasts: The 360T podcast series features in-depth discussions with industry experts, offering perspectives on data utilization in FX trading, the evolution of trading roles, and the future of FX products like Exchange for Physical (EFP). These episodes serve as a learning tool for traders to understand complex market dynamics and to refine their trading strategies.
Conclusion
360T stands out as a comprehensive trading platform that supports both buy-side and sell-side market participants globally with its wide array of products and services.
By offering customized trading solutions, continuous technological innovations, and a broad set of educational resources, 360T maintains a strong commitment to enhancing the efficiency and effectiveness of FX trading for its diverse client base.
Its role as a leader in the FX market is further reinforced by its proactive approach to adopting regulatory standards and its focus on fostering a dynamic and informed trading community.
FAQs
Question: What types of trading products does 360T offer？
Answer: 360T offers a variety of trading products including the EMS, Bridge, SuperSonic Trader, and the 360T Active Trading Suite.
Question: Can 360T be used for crypto trading？
Answer: Yes, 360T has recently launched a Crypto NDF offering, initially supporting Bitcoin (BTC) and Ethereum (ETH), which integrates with existing OTC FX workflows.
Question: Does 360T provide educational resources？
Answer: Yes, 360T offers a range of educational materials through its Content Hub, including press releases, thought leadership articles, and podcasts that cover various aspects of FX trading.
Question: How can 360T assist in managing FX trading risks？
Answer: 360T provides robust trading solutions and analytics tools that help firms transact in a more transparent and efficient manner, thereby reducing operational and regulatory risks in FX trading.
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