360T Extends Regulatory Exemption to UK MTF
Posted by Colin Lambert. Last updated: January 1, 2024
360T’s has formally launched its UK-based multilateral trading facility (MTF) and received a regulatory interim exemption from the Ontario Securities Commission (OSC).
The move means that Canadian clients are now able to trade on the UK MTF as well as 36-T’s European MTF, which has operated in Canada under an exemption order granted in mid-2019.
The UK MTF launches today (2 January, 2024) for FX swaps, outright forwards, swaps, options and NDFs and NDSs. The firm’s SEF has operated in Canada under an exemption order since mid-2016.