360T Partners with Quantitative Brokers to Launch FX Execution Algorithms

​360T has entered into a partnership with Quantitative Brokers (QB) to expand its Foreign Exchange (FX) capabilities. The collaboration will integrate QB's newly launched suite of FX execution algorithms into 360T’s platform, enhancing its offerings in the Spot FX market. This partnership brings together the expertise of both companies, leveraging 360T’s platform and QB’s advanced algorithmic execution tools, which are tailored to meet the specific needs of FX trading.

QB, which has established itself as a key player in the algorithmic trading sector since its founding in 2008, specializes in delivering execution algorithms and data-driven analytics across multiple markets. With a track record in Futures, US Cash Treasury, and Options markets, the firm is now extending its proven algorithmic capabilities to the FX market. This move is in response to growing client demand for sophisticated execution strategies that can handle the complexities of FX trading.

The partnership will feature the launch of two FX-optimized versions of QB’s flagship algorithms, “Bolt FX” and “Strobe FX.” Bolt FX is an implementation shortfall algorithm designed to minimize execution costs in relation to the arrival price, while Strobe FX is optimized for schedule-based execution, focusing on Time-Weighted Average Price (TWAP) and Volume-Weighted Average Price (VWAP) benchmarks. These algorithms will be available through 360T’s platform, offering access to curated liquidity pools and ensuring multiple counterparties are in competition to help ensure best execution practices.

The integration of these advanced execution algorithms into 360T’s platform is expected to enhance the trading strategies of its users, providing them with the ability to execute FX transactions efficiently in both disclosed and anonymous liquidity environments. The algorithms are designed to meet the specific liquidity and market structure dynamics inherent in the FX market, offering users a more tailored solution for their trading needs.

The partnership aligns with the broader strategic goals of both companies within the Deutsche Börse Group. By combining their individual technology solutions, 360T and QB aim to provide a differentiated offering in the FX market, catering to the growing demand for more sophisticated execution tools. This collaboration also reflects Deutsche Börse Group’s ongoing efforts to bring together independent providers to offer clients a more diverse and integrated set of trading tools across different asset classes.

The launch of these FX algorithms represents a significant development for both 360T and QB, particularly as the FX market continues to evolve. As liquidity and market structure in FX trading become increasingly complex, the need for more advanced, tailored execution solutions is likely to grow. This partnership marks an important step in addressing this demand by offering market participants a more comprehensive set of tools to optimize their trading strategies and achieve better execution outcomes.

With the integration of QB’s execution expertise, 360T is positioning itself to offer a broader range of solutions for its global clientele, who require tools capable of navigating the complexities of the FX market. This partnership is expected to expand the availability of sophisticated algorithmic strategies, making them accessible to a wider pool of market participants.

As part of this collaboration, both companies are focused on building a stronger, more effective platform for FX trading, while working to meet the evolving needs of traders in an increasingly complex market environment. This partnership underscores the importance of combining innovative execution tools with well-established platforms to enhance trading efficiency and support the strategic goals of market participants.

Through this joint effort, 360T and QB are positioning themselves to respond to the growing demand for advanced FX execution tools, offering a solution designed to help users navigate the challenges of the market with greater precision.