MDX Technology is very pleased to announce that 360T, Deutsche Börse’s powerhouse for FX and independent global provider of a multi-bank, multi-asset trading platform, has recently gone live with MDX Technology. The partnership was formed to satisfy the needs of 360T’s clients to post market data from Excel to the trading engine which then creates tradable rates and has seen 360T leveraging MDX’s integration expertise with Excel and deploying MDX’s components in its latest release (version 3.22).
By integrating MDX’s components, 360T now offers its clients the ability to post market data directly from Excel to 360T’s trading platform which will then create tradable rates based on that market data.
Paul Watmough, CEO and Co-founder, MDX Technology Ltd., said “Excel remains ubiquitous across the trading community regardless of asset class. We are seeing consistent demand from the clients of trading venues like 360T to provide them with a high performance bi-directional interface to Excel to visualise market data and increasingly to be able to interact with the trading venue to post tradeable prices, orders, etc.”.
Mathew Kuppe, Managing Director, 360T Asia Pacific Pte. Ltd., said “We selected MDX from a range of vendors due to their flexible offering, ease of integration and support. The initial use cases have been implemented to allow for market data to be contributed to our pricing engine. This is already a scenario identified by a number of bank clients globally that are interested to contribute both onshore currency rates and forward curves to our pricing engine for creating tradable rates for their clients. “.