Deutsche Bank streams FX Futures pricing into 360T – e-Forex
Marking the next phase of the FX Futures evolution, Deutsche Bank has become the first bank to stream their FX Futures pricing into 360T. Deutsche Bank’s move significantly increases the level of end-to-end automation available for clients’ off-exchange Futures flow.
This development reflects a significant milestone for listed FX markets. Automation and streaming liquidity, long the standard in spot FX, are now becoming embedded in the Futures space. This underscores the growing relevance of Eurex FX Futures as a viable and robust alternative for FX price discovery and execution. As more banks follow suit, the FX market as a whole stands to benefit from greater transparency, deeper liquidity, and improved efficiency from the use of FX Futures in a relationship trading environment.
Yannick Marchal, Head of Workflow Trading at Deutsche Bank said, “This demonstrates Deutsche Bank’s commitment to meeting our clients where they trade and providing them with the solutions they need to get their best trading outcomes.
With increasing client interest in FX Futures, we are pleased to integrate Autobahn FX Futures pricing onto 360T. This enables clients to receive automatic, instant prices from Deutsche Bank to their Futures requests, as they already do across a wide range of OTC FX.”
David Holcombe, Head of FX Futures and Clearing at 360T added, “FX Futures have already moved from being a voice market into a competitive electronic multi-dealer market through 360T. Deutsche Bank’s successful integration for clients to face its FX operations electronically and in scale shows how futures have now become a core part of the FX pricing and risk management stack. We are excited to be working with a leading bank that is paving the way with this client interaction through 360T”.