360T Partners with Virtu Financial to Offer FX Trading Analytics and TCA

360T, Deutsche Börse Group's powerhouse for FX, announced on Tuesday (November 28) that it has formed a new partnership with Virtu Financial, a leading global market maker, to provide customers with integrated FX Trading Analysis and Transaction Cost Analysis (TCA) services.

Virtu's FX Trading Analytics and TCA offer data-driven insights to help optimize FX trading. Through the partnership, clients of 360T have the opportunity to fully integrate and utilize Virtu's Trading Analytics, which allows them to monitor and analyze their trading activity on the 360T platform.

Kevin O'Connor, Global Head of Analytics at Virtu Financial, commented: "We are delighted to collaborate with 360T to extend our FX Analytics offering to their client base. The FX market is highly electronic and most market participants will benefit from using data analytics and TCA. Virtu Analytics offers a full solution for both Institutional Investors and Corporate Treasurers looking to improve their FX execution. In this partnership, we were able to closely integrate our analytics offering with the 360T platform, providing clients a seamless FX TCA experience."

Simon Bajec, Head of Market Data Product at 360T, said: "At 360T we are strongly committed to enable transparent and efficient FX trading workflows for our clients. Having direct access to trading data and the ability to analyze that data dynamically is a key component of our client trading experience. By partnering with Virtu, we were able to offer our clients access to best-in-class analytics in a seamless way."

In addition to 360T, Sumitomo Mitsui Trust Asset Management (SMTAM)​, a major Asian asset manager, also reached a cooperation with Virtu in September of this year, aiming to implement Virtu Financial's products, including the Triton Valor EMS and the global suite of equity algorithms, to enhance its global investment capabilities.