360T FX Data Available Through Deutsche Börse
Posted by Colin Lambert. Last updated: July 1, 2021
Deutsche Börse has further expanded its FX data offering by providing real-time FX pricing data from its 360T subsidiary through its CEF data feed. The offering includes data from 360T’s and Digitec’s 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 and is the only partner to provide. The new data feed follows the exchange group making 360T’s Historical Data Feed (HDF) available via the Deutsche Börse Data Shop.
The SDF offers full granularity across the curve from overnight to five years in over 40 pairs and specialises in key broken date tenors such as the IMMs. It also 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, Deutsche Börse says 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 access to FX spot pricing data, contributing to increased market transparency and granular information for critical trading decisions.
“With this extended FX market data offering, we close a gap in the market for reliable and independent pricing data,” says Alireza Dorfard, head of data services at Deutsche Börse. “Clients will benefit from access to the new offering under a single license agreement and from availability via Deutsche Börse’s CEF data feed.”
Simon Jones, chief growth officer at 360T, adds, “The Swaps Data Feed has been a true innovation in the FX market over the last few years. Our partnership with the banks has resulted in an outstanding product with a multitude of industry use cases. To now have this available through Deutsche Börse’s CEF data feed raises its accessibility to the next level.”