What 360T does

360T is a Frankfurt-headquartered, BaFin-regulated institutional FX trading platform operating as a wholly owned subsidiary of Deutsche Börse Group since 2015. The company runs a multi-bank, multi-asset portal for OTC financial instruments spanning spot FX, forwards, swaps, NDFs, and listed FX derivatives, complemented by an Execution Management System (EMS) for buy-side workflow automation. Its proprietary technology stack includes Bridge (RFS pricing GUI), SuperSonic Trader (spot aggregation), 360T SUN (swaps orderbook), 360TGTX ECN, Streaming NDFs, and the recently launched MiCAR-regulated 3DX crypto-asset platform.

360T serves a global institutional client base of 3,000+ buy-side organizations (asset managers, hedge funds, corporate treasuries) and 200+ liquidity providers across 80+ countries, with regional operations in London, New York, Singapore, Mumbai, Kuala Lumpur, and Dubai. The platform integrates with Eurex for centrally cleared FX futures and clearing services, and operates market data feeds (SDF, EDF, FDF, PMF, HDF) plus analytics via 360T Vantage. It processed record average daily volume of €147 billion in Q1 2024, up 18.5% year-on-year, and demonstrated the ability to scale from ~300,000 to ~3 million updates per second during March 2026 market volatility without disruption.

The business model combines transaction fees on FX trades executed through the platform, recurring subscription revenue from market data services and EMS/white-label technology offerings, and transaction-based revenue from FX futures and clearing via Eurex integration. Go-to-market is enterprise field sales with dedicated account management for tier-1 banks and institutional investors, supplemented by self-service platform access and channel partnerships with execution management, analytics, and settlement providers such as SimCorp, Virtu Financial, QB, DIGITEC, Kraken, Bitpanda, and BridgePort.

Name

360T

Legal name

360 Treasury Systems AG

Website

https://360t.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

360T is a BaFin-regulated, Deutsche Börse-owned institutional FX trading platform connecting 3,000+ buy-side clients with 200+ liquidity providers across 80+ countries via OTC, cleared, and digital-asset venues.

Ownership category

akta.pro rank

Product category

Institutional FX Trading Technology

NAICS

Commodity Contracts Intermediation (523160), Securities and Commodity Exchanges (5232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

FX Electronic Trading Platforms (Spot/Forwards/Swaps) (FSAFANAC)

akta.pro secondary industries

FX Swaps & Forwards Trading Venues (FSAFADAG), FX Matching & Aggregation Venues (Liquidity Aggregators) (FSAFADAH), DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)

Keywords

• FX trading platform
• Multi-bank trading
• Execution management system
• OTC derivatives trading
• FX market data

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others

Revenue model

1. Trading Transaction Fees: Revenue generated from transaction fees on FX trades executed through the 360T platform. The platform facilitates spot FX, forwards, swaps, and NDF trading across institutional client base.
2. Market Data Services: Revenue from providing market data feeds including SDF, EDF, FDF, PMF, and HDF to FX market participants. These feeds provide real-time and historical pricing data aggregated from platform participants.
3. Technology/Platform Services: Revenue from white-label solutions, EMS subscriptions, and technology integration services for buy-side and sell-side clients.
4. FX Futures and Clearing: Revenue from facilitating access to exchange-traded FX futures through Eurex integration and central clearing services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

360T operates a regulated, global multi-bank FX marketplace connecting 200+ liquidity providers with 3,000+ buy-side institutional clients across 80+ countries for spot FX, forwards, swaps, NDFs, FX futures and crypto-asset trading. The platform is delivered through proprietary front-end interfaces (Bridge, SuperSonic Trader), an Execution Management System (EMS) for workflow automation, an electronic communication network (360TGTX), a swaps orderbook (360T SUN), and the MiCAR-regulated 3DX crypto venue, complemented by subscription market-data feeds (SDF, EDF, FDF, PMF) and analytics.

Product overview

360T operates as a platform-plus-modules architecture offering a comprehensive suite of FX trading solutions. The core platform is the multi-bank, multi-asset trading portal for OTC financial instruments, complemented by the Active Trading Suite (comprising 360TGTX ECN, 360T SUN swaps orderbook, and Streaming NDFs), the EMS for buy-side workflow automation, Bridge for RFS live pricing, and SuperSonic Trader for spot liquidity aggregation. The portfolio extends to FX Futures and Clearing via Eurex, algorithmic trading tools, Market Maker Cockpit, Automated Dealing Suite, MTF/SEF offerings, white-label solutions, and a data & analytics suite (Market Data and Analytics). Recent expansion includes 3DX, a MiCAR-regulated crypto-asset trading platform. With over 3,000 buy-side clients and 200+ liquidity providers across 80+ countries, 360T serves institutional investors, corporate treasuries, banks, brokers, and liquidity providers.

Differentiator

Problem solved

Functional benefit

Brands

• 3DX: MiCAR-regulated crypto-asset trading platform powered by 360T's award-winning technology
• EMS
• Bridge
• SuperSonic Trader
• 360T SUN
• 360TGTX
• 360T Vantage
• Streaming NDFs

Products and services

• EMS (Execution Management System) Functionally rich solution allowing Corporate Treasurers and Asset Managers to fully automate their FX trading processes, delivering workflow efficiencies, FX automation, reduced market risk and increased control.
• Bridge 360T's RFS (Request for Stream) live pricing GUI designed for traders, by traders, offering a seamless trading experience for live streaming pricing.
• SuperSonic Trader Real-time aggregation of Streaming Spot liquidity from both bilateral providers and anonymous ECN, enabling traders to find the right liquidity to match their execution goals.
• 360T Active Trading Suite (360TGTX ECN, 360T SUN, Streaming NDFs) Suite comprising 360TGTX electronic communication network for active FX trading, 360T SUN swaps orderbook for electronic FX swaps trading, and Streaming NDFs for emerging market currencies.
• 3DX – Digital Exchange MiCAR-regulated trading platform for crypto assets, allowing firms to expand their portfolios and seamlessly add crypto assets to their existing workflows via familiar trading infrastructure.
• FX Futures Innovative FX Futures products combining OTC and listed market benefits, offering centrally cleared products as cost-efficient alternatives to bilateral OTC FX positions, traded via Eurex.
• FX Clearing Centralized counterparty exposure management solution for FX, applying discretionary FX Clearing to FX Futures and OTC transactions such as Blocks, EFPs and NDFs.
• Algos Algorithmic trading tools for automated execution strategies, including enhanced capabilities through the QB partnership for institutional clients.
• Market Maker Cockpit Tools for market makers to generate and control FX pricing, manage quoting obligations and interact with the 360T platform.
• Automated Dealing Suite Suite of tools for automating FX dealing workflows and operations across institutional desks.
• White-Label / Intragroup White-label and intragroup trading solutions for firms to link request and transaction flow through a central trading desk.
• MTF / SEF Multilateral Trading Facility (MTF) and Swap Execution Facility (SEF) regulated trading venues for institutional FX derivatives.
• Market Data (SDF, EDF, FDF, PMF, HDF) Market data suite including Swaps Data Feed (SDF), Essential Data Feed (EDF), Flows Data Feed (FDF), Precious Metals Data Feed (PMF) and Historical Data Feed (HDF), providing real-time and historical FX pricing from top market makers.
• Analytics (360T Vantage) Analytics suite providing trading analytics and insights for execution quality, market analysis and post-trade decision-making, including the AI-powered bank basket optimizer.
• 360T Daily Trading Volumes Daily trading volume reporting and transparency for 360T FX marketplace activity.

Quantifiable outcome

• €147 billion average daily volume in Q1 2024, up 18.5% YoY
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature12 records

Partnerships

Five partnerships are on record, tiered core.

• BridgePortcoreTechnology or Integration · 4 March 2026Partnership integrates BridgePort's off-exchange settlement middleware into 3DX institutional platform. Provides trading firms with improved capital efficiency, streamlined post-trade operations, and coordinated collateral management between clients and custody providers. Addresses settlement risk and growing demand for sophisticated settlement solutions in institutional crypto markets.
• BitpandacoreStrategic or Co-development Partner · 3 February 2026Strategic partnership to expand digital asset access for financial institutions across Europe. Combines Bitpanda's technology with 360T's MiCAR-regulated platform 3DX to create scalable infrastructure for institutional crypto trading. Each party remains solely responsible for its respective regulated activities.
• KrakencoreStrategic or Co-development Partner · 4 December 2025Strategic partnership to bridge traditional financial markets and digital assets. First phase integrates Kraken with 360T FX trading venue, giving Kraken clients access to bank-grade FX liquidity and improved fiat on-ramp efficiency. Planned expansion includes Eurex derivatives access, Clearstream and Crypto Finance custody integration, and tokenized equity ecosystem integration.
• DIGITECcoreTechnology or IntegrationCollaboration for Swaps Data Feed (SDF) delivering real-time, accurate mid-market streaming prices powered by pricing engines of top global banks.
• EurexcoreTechnology or IntegrationExchange partnership providing access to listed FX Futures and Options through Eurex 360T offering, including monthly and quarterly IMM value dates, Rolling Spot Futures, and Flex FX Options.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EBS (NEX / CME): EBS is a leading institutional FX electronic trading platform operated by CME Group (acquired via NEX). Directly competes with 360T in spot FX, FX forwards, and FX futures across the same institutional customer base.
• Refinitiv (LSEG) – Matching/FXall: LSEG's Refinitiv FX (formerly Thomson Reuters FX) operates Matching and FXall multibank platforms serving the same institutional and bank customer base as 360T, with comparable spot FX, forwards, swaps, and NDF offerings.
• Bloomberg (FXGO): Bloomberg's FXGO is a multibank electronic FX trading platform that directly competes with 360T's core multibank portal business, serving the same institutional buy-side and bank LP customers with comparable RFQ and streaming workflows.
• Tradeweb: Tradeweb operates institutional electronic trading platforms across rates, credit, FX, and equities; its FX venues (including acquired FXall) compete directly with 360T for institutional client flow and dealer liquidity.
• State Street (Currenex): State Street's Currenex is an institutional multibank FX platform with multi-dealer streaming and ECN capabilities, directly comparable to 360T's SuperSonic Trader and 360TGTX products.
• Cboe FX (formerly Hotspot): Cboe FX is an institutional spot FX ECN acquired from BIDS Trading/Hotspot; directly competes with 360TGTX ECN for anonymous FX flow from the same institutional and bank customer base.
• FXSpotstream: FXSpotstream is a multibank FX price aggregation service that directly competes with 360T's SuperSonic Trader for institutional FX spot, forwards, swaps, NDFs, and options flow without per-transaction fees.

Others

• Deutsche Börse Group: Parent company of 360T; operates broader exchange and market infrastructure (cash equities, derivatives, post-trade). Provides regulatory and capital backing to 360T while competing with peers via Eurex FX futures and other venues.

Broad incumbents

• CME Group (EBS): CME Group operates EBS (formerly NEX/EBS) FX trading venue as part of a much broader exchange portfolio. EBS competes with 360TGTX in FX ECN and central limit order book trading for major currency pairs.

Emerging players

• Integral: Integral is a SaaS-based institutional FX trading platform that competes with 360T for bank and corporate treasury clients with its OCX aggregation engine and white-label capabilities, though at smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInde.linkedin.com/company/360t

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries8 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 360T