360T and Quantitative Brokers (QB) have announced a partnership that will make QB’s newly launched suite of FX algos available via 360T. This expansion introduces FX-optimised versions of its flagship algorithms, “Bolt” and “Strobe”, designed specifically to account for the unique market structure and liquidity dynamics of FX trading. Strobe FX enhances schedule-based execution for TWAP and VWAP benchmarks, while Bolt FX is an implementation shortfall algorithm built to minimise execution costs relative to arrival price.
“We are delighted to announce this partnership with QB and are confident that providing access to highly sophisticated FX algos from an independent specialist provider, as additional tools alongside the broad range of bank offered algos already available via 360T, will provide significant benefits to our diverse and global client base,” said Matt O’Hara, CEO of 360T Americas. Both 360T and QB are part of the Deutsche Börse Group.
