2026 · Evidence audit

360T (Deutsche Börse FX venue) — institutional liquidity provider

360T AG is a multi-bank FX trading venue headquartered in Frankfurt. It holds tier 1 licenses from BaFin, FCA, CFTC, ASIC, and MAS. Self-measured client counts and country presence show inconsistencies across their own publications.

360T AG (Frankfurt); affiliates: 360 Trading Networks UK Ltd., 360T Inc. (US SEF), 360T India PTE · Frankfurt am Main, Germany · last re-checked 2026-09 · evidence score 91/100

Licence, read on the register

Regulator	Licence number	Jurisdiction	Tier	Source
BaFin	not verified	Germany	tier-1	open source ↗
FCA	989320	United Kingdom	tier-1	open source ↗
CFTC	not verified	United States	tier-1	open source ↗
ASIC	not verified	Australia	tier-1	open source ↗
MAS	not verified	Singapore	tier-1	open source ↗

Tier classification follows the same scale as the retail register: tier-1 = FCA/ASIC/CFTC-class supervision, tier-2 = CySEC/FSC-Mauritius/MFSA-class, tier-3 = offshore registration. A tier-2 licence is genuine supervision without an investor compensation scheme — never misread it as tier-1 protection.

What the firm commits to

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

'As the Deutsche Börse Group's global FX unit, we offer a full range of streamlined services across the entire trading workflow of FX and Short-Term Money Market products' (360t.com)
'Over 3,000 buy-side customers and more than 200 liquidity providers across 80+ different countries' (360t.com homepage; og:description says 2,900 buy-side customers, 75 countries — own-site variance)
Own authorisations page: 360T AG authorised by BaFin for OTC trading services and as operator of a Multilateral Trading Facility; 360T Inc. regulated by the CFTC (SEF); 360T UK lead-regulated by the FCA; ASIC Australian Market Licence; MAS RMO authorisation; RBI ETP authorisation (360t.com/regulatory-affairs/authorisations-approvals)
Deutsche Börse completed the acquisition of 360T in October 2015 (360t.com own news release)

Claims we cannot verify from outside

Customer/LP/country counts are self-measured and inconsistent between own pages (2,900 vs 3,000+; 75 vs 80+)
'Award-winning multi-bank, multi-asset trading platform' — self-measured

Perimeter and coverage

Asset classes	Venues	Connectivity	Clients accepted	Explicitly refused
FX spot, FX forwards/swaps, Short-term money market, FX futures clearing, FX data	360T MTF (own venue), 360T Inc. SEF	FIX	Buy-side (asset managers), Banks, Corporate treasury, Liquidity providers

A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.