Deutsche Börse Partners with 360T to Offer Real-Time FX Pricing Data

Deutsche Börse, one of the largest exchanges worldwide, announced on July 1 the further expansion of its FX data offering by providing real-time FX pricing data from 360T through its CEF data feed. 

The offering includes data from 360T's and DIGITEC's award-winning Swaps Data Feed (SDF), as well as streaming FX spot pricing data sourced from 360T's Essential Data Feed (EDF). Deutsche Börse acts as licensor for the data. 

According to the official press release, the SDF is a truly unique product which offers full granularity across the curve from overnight to five years in over 40 pairs. It specialises in key broken date tenors such as the IMMs and provides real-time swaps market data in 1,800 crosses in G10 currencies, local markets and non deliverable forward currency pairs.

By bringing transparency to the FX Swaps market, the SDF enables buy-side firms to both achieve and prove best execution, while sell-side firms can more effectively price trades outside of their core currencies. The EDF provides instant access to comprehensive FX spot pricing data, contributing to increased market transparency and granular information for critical trading decisions.

The exchange is the only partner which provides access to pricing data sourced from 360T's SDF and EDF. This also marks the latest step in its ongoing expansion into the FX market data business.

Earlier in May, Fazzaco learned that Deutsche Börse announced its partnership with Commerzbank and fintech 360X​, to develop new blockchain-based digital marketplaces and ecosystems for existing real asset classes including art and real estate.