360T selects FairXchange for data-driven decision making

2 years ago 97

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FairXchange’s Horizon has been integrated with the 360TGTX platform to analyze various trade and pricing data. This will help support the 360TGTX Liquidity Management and Sales teams in having mutually beneficial data-driven discussions with both liquidity providers and liquidity consumers, optimizing execution and delivering commercial benefits to all the stakeholders. Trading data has long been one of the most difficult datasets to handle purely because it throws up a lot of variable data daily which different software and businesses have found to be a challenge. Analysis of these data has been key for trading success for many investors for many years and that is the reason why such products are always in high demand.

Guy Hopkins, Founder & CEO of, FairXchange added, “We are thrilled to be working with 360TGTX, a global trading venue with a broad range of execution styles and customer demographics. We can provide accessible, actionable data to the 360TGTX team to further optimize execution results.  We have adopted several features in Horizon to suit 360TGTX’s specific requirements, and they have provided critical input as we continue to innovate in this space. We are very excited to be partnering with a leading FX platform provider.”

By tying up with a third-party provider, 360T would be hoping to get a fair and independent analysis of its markets and the performance as well. The platform made by FairXchange provides for data-driven dialogue between the interested parties so that they can mutually identify and benefit from the various trading opportunities. This will also supplement the internal analysis of data that can be used by the exchange to co-relate with the data collected from the Horizon platform to draw different conclusions.

360T is used by a large base of users and customers that include more than 200 liquidity providers across 75 countries that rely on the company for their FX data. this data must be of high quality and reliable which can then be fed into the FairXchange Horizon platform for analysis which would then lead to specific conclusions and opportunities.

 

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