360T offers multi-leg swaps

The vendor plans to launch the products today (October 13), two weeks after it launched FX block forwards trading on the platform. Around e12 billion worth of FX products, covering spot, forwards, forwards swaps, swaps and options, are traded on the platform daily by asset managers, banks and corporates (FX Week, June 30).

"The demand for the multi-leg swaps and block forwards contracts is mainly coming from corporates," said Carlo Kölzer, chief executive at 360T in Frankfurt. "Sometimes

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