360T Group, the leading independent global provider of a multi-bank, multi-asset trading platform has appointed Glenn Rosenberg as Global Product Manager for the FX Option Business.
Rosenberg, who is based in the New York office, will report to Alfred Schorno, Managing Director, 360T Group. His responsibility will be to increase and enhance the growing option trading activity on 360T, leveraging the already existing business via additional liquidity and strategic partnerships. Amongst the latter, a key component is the drive to expand business opportunities with GFI/Fenics.
Rosenberg brings a great deal of product knowledge and experience to 360T. He was founder and CEO of Bridgetrade LLC, an ECN/Aggregator for FX options that standardised and automated the customised OTC FX options market. Prior to that, he was an options trader with over 20 years of experience.
"Glenn's expertise, relationships and technology experience within the FX option market makes him a valuable addition to 360T", stated Carlo Kölzer, CEO and founder of 360T Group. "Our company has one of the deepest liquidity pools for FX options worldwide. The number of options executed electronically on 360T has grown exponentially over the past years and we see an enormous potential to grow that further."
In general, he added: "Business and product development will continue to be a key focus at 360T, with emphasis not only on enhancing current technology and functionality, but also developing new technologies/functionalities in order to attract new customer segments and giving the market place more possibilities."
One such development is the partnership with GFI/Fenics. 360T enables FX option pre-trade analytics and pricing on its platform via the market leading technology of Fenics ePricer. Post-trade Strait-Through-Processing to Fenics and other Treasury Managements Systems is now a standard feature of FX dealing via 360T.