360T Partners with Team Malizia to Support Offshore Racing and FX Trading

Wednesday, 27/11/2024 | 17:58 GMT by Tareq Sikder
  • Team Malizia focuses on climate action, research, and ocean education.
  • Earlier, 360T integrated its SUN with Lucera, enabling FX Swaps trading with order posting.
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Team Malizia, led by skipper Boris Herrmann, has announced a new partnership with 360T, a provider of Foreign Exchange (FX) trading solutions.

Team Malizia Focuses on Climate

As Herrmann competes in the Vendée Globe 2024-2025, a solo, non-stop round-the-world race, Team Malizia continues to push its focus on climate action, scientific research, and education on ocean and climate change. The team will also participate in The Ocean Race Europe 2025.

“We are excited to join forces with 360T, a partner who is highly innovative and strongly committed to our A Race We Must Win - Climate Action Now! mission”, said Boris Herrmann.

Meanwhile, 360T has integrated its Swaps User Network (SUN) with Lucera, a technology service provider, to expand the platform's accessibility to Lucera's users, as reported by Finance Magnates.

The SUN, which uses an indicative streaming mid-rate from 360T’s Swaps Data Feed, is designed for sell-side firms to facilitate grey-book risk exchange at mid-market rates. The platform also supports FX Swaps trading operations by enabling both GUI and API users to post resting bid and offer orders, and provides automated credit models to reduce risk and latency in soft matching.

360T Optimizes FX Performance

Carlo Koelzer, Group CEO of 360T
Carlo Koelzer, Group CEO of 360T, Source: 360T

According to the press release, both Team Malizia and 360T emphasize the use of advanced technology to optimize performance. Team Malizia leverages front-line research and development in offshore racing, while 360T’s FX platform is known for its low latency, effective algorithms, and strong data analytics . Both organizations rely on these technologies as the key to their success.

“The global vision, shared values, and our mutual commitment to use pioneering technology to achieve consistently high performance as well as the aim to push boundaries with a clear view on sustainability, responsibility, and education brought 360T and Team Malizia together” said Carlo Koelzer, Group CEO of 360T.

“In both FX trading and Ocean racing, success is built on advanced technology, a strong team, precision, and the ability to adapt to an ever-changing environment. We are proud to support Boris Herrmann’s racing adventures now and in 2025, as he sets new standards in sailing innovation and collects valuable data from Ocean waters around the globe.”

Team Malizia, led by skipper Boris Herrmann, has announced a new partnership with 360T, a provider of Foreign Exchange (FX) trading solutions.

Team Malizia Focuses on Climate

As Herrmann competes in the Vendée Globe 2024-2025, a solo, non-stop round-the-world race, Team Malizia continues to push its focus on climate action, scientific research, and education on ocean and climate change. The team will also participate in The Ocean Race Europe 2025.

“We are excited to join forces with 360T, a partner who is highly innovative and strongly committed to our A Race We Must Win - Climate Action Now! mission”, said Boris Herrmann.

Meanwhile, 360T has integrated its Swaps User Network (SUN) with Lucera, a technology service provider, to expand the platform's accessibility to Lucera's users, as reported by Finance Magnates.

The SUN, which uses an indicative streaming mid-rate from 360T’s Swaps Data Feed, is designed for sell-side firms to facilitate grey-book risk exchange at mid-market rates. The platform also supports FX Swaps trading operations by enabling both GUI and API users to post resting bid and offer orders, and provides automated credit models to reduce risk and latency in soft matching.

360T Optimizes FX Performance

Carlo Koelzer, Group CEO of 360T
Carlo Koelzer, Group CEO of 360T, Source: 360T

According to the press release, both Team Malizia and 360T emphasize the use of advanced technology to optimize performance. Team Malizia leverages front-line research and development in offshore racing, while 360T’s FX platform is known for its low latency, effective algorithms, and strong data analytics . Both organizations rely on these technologies as the key to their success.

“The global vision, shared values, and our mutual commitment to use pioneering technology to achieve consistently high performance as well as the aim to push boundaries with a clear view on sustainability, responsibility, and education brought 360T and Team Malizia together” said Carlo Koelzer, Group CEO of 360T.

“In both FX trading and Ocean racing, success is built on advanced technology, a strong team, precision, and the ability to adapt to an ever-changing environment. We are proud to support Boris Herrmann’s racing adventures now and in 2025, as he sets new standards in sailing innovation and collects valuable data from Ocean waters around the globe.”

About the Author: Tareq Sikder
Tareq Sikder
  • 1136 Articles
  • 14 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1136 Articles
  • 14 Followers

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