November 11, 2021 - Deutsche Börse’s 360TGTX has selected financial markets data science firm FairXchange for independent execution analytics. .

FairXchange’s Horizon has been integrated with the 360TGTX platform to analyse trade and pricing data. This will support the 360TGTX Liquidity Management and Sales teams in having mutually beneficial data-driven discussions with both liquidity providers and liquidity consumers, optimising execution and delivering commercial benefits to all participants.

Simon Jones, Chief Growth Officer, 360T explained, “In Horizon, FairXchange has built a unique tool for delivering intelligence to platforms such as ourselves. The range of capabilities and ease of presentation has made this an essential part of our engagement with both Makers and Takers. It is great to see innovation like this, a real credit to Guy and his team.”

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Guy Hopkins, Founder & CEO, FairXchange

Guy Hopkins, Founder & CEO, 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 are able to provide accessible, actionable data to the 360TGTX team to further optimise execution results.

“We have adapted a number of 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.”

FairXchange specialises in microstructural analysis of financial markets and brings clarity and transparency to execution performance through the provision of independent data. Its state-of-the-art analytical product, Horizon is designed to facilitate constructive, data-driven dialogue between counterparties, helping them to identify mutually profitable opportunities.

FairXchange is completely independent and has no affiliation with any liquidity providers or trading venues.

360T is one of the globally leading trading platforms for Foreign Exchange (FX). As Deutsche Börse Group’s powerhouse for FX, 360T provides a web-based trading technology for over-the-counter (OTC) instruments, integration solutions and related services. Since its inception in 2000, the company has developed and maintained a state-of-the-art multi-bank portal for foreign exchange, cash and money market products and FX/interest rate derivatives. With over 2,200 buy-side customers and more than 200 liquidity providers across 75 different countries, 360T is uniquely positioned to connect the global FX industry.

FairXchange Horizon was also selected by OANDA last year, and in September 2018, FairXchange announced that Sucden Financial had chosen the company to provide tools and analytics for the institutional broker's eFX business.