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Workflow I-TEX ® Intra-Group Trading System<br />
highly value the fact that TEX ® enables trading in a wide<br />
range of FX and money market products including FX<br />
options, FX limit orders, money market funds, as well<br />
as precious metals and also interest rate derivatives.<br />
Then, beside the fact that 360T offers unlimited access<br />
to the full bank basket of buy-side customers, it is also<br />
much appreciated that we are the only multi-bank<br />
platform not owned by banks. Also our strong service<br />
orientation is especially valued by our customers.<br />
What trade execution options are available on TEX ® ?<br />
Customers can choose between Request for Stream<br />
(RFS), Streaming executable rates (SEP) and limit<br />
orders with a wide range of order types.<br />
360T also provides an Intra-Group Trading system<br />
called I-TEX ® . What key features and trading<br />
functionality does I-TEX ® support?<br />
I-TEX ® offers well focussed range of features to the<br />
different user groups:<br />
For market taker banks our white label trading /<br />
single bank trading solution can support all products<br />
types as available on our multi-bank portal TEX ® . On<br />
customer wish the offering can of course be limited in<br />
terms of products. Furthermore we just launched our<br />
enhanced FX margin trading and position<br />
management tool to cater<br />
FX spot trading for margin<br />
trading customers.<br />
Corporates can link the<br />
world wide subsidiaries<br />
and centralize FX and<br />
intra-group financing<br />
transactions in one or<br />
more central treasury hubs.<br />
Asset managers use us to<br />
centralize market or limit<br />
orders in a central<br />
execution desk and<br />
aggregate or group<br />
transactions easily before<br />
execution to the market.<br />
Our integrated auto dealers<br />
support all I-TEX ® -trading<br />
hubs with a wide range of<br />
features including spread<br />
management, internal and external counterparty limit<br />
control as well as price management via back-to-back<br />
market liquidity.<br />
How have you extended the traditional features<br />
available on I-TEX ® ?<br />
The latest and most important enhancements are:<br />
• Enhanced features for FX margin trading<br />
• Additional routing rules for the auto dealer with<br />
minimum spread management, trader spreads<br />
• Extended possibilities to set up external bank<br />
baskets<br />
• Market link (back-to-back functionality)<br />
supporting also limit orders<br />
What plans does 360T have for extending the range<br />
of products and services available on your multibank<br />
platform?<br />
Our first priority is to maintain and support the<br />
existing already quite wide range of services and<br />
products but we are always open to discuss customer<br />
requests. Lately enquiries to enhance FX option<br />
trading to volatility quotes, not limited to live prices<br />
as today, and also trading features for base metals have<br />
summed up. We are carefully evaluating this and<br />
other options.<br />
january 2010 e-FOREX | 41
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