360T Adds Multi-Leg Swaps

The launch comes two weeks after 360T launched FX block forward trading on the platform. Around €12 billion ($16 billion) worth of FX products, covering spot, forwards, forward swaps, swaps, and options are traded on the platform, daily, by asset managers, banks and corporates.

"The demand for the multi-leg swaps and block forward contracts is mainly coming from the corporates," says Carlo Kölzer, CEO at 360T. "Sometimes corporates have cash flows that they are trying to meet in their underlying

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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