In light of its recent collaboration with GFI Fenics for FX Options, 360T a leading multi-bank provider of FX trading has extended its FX Options team. The Frankfurt based firm has selected the former founder and CEO of Bridgetrade LLC, an ECN/Aggregator for FX options, Glenn Rosenberg.
With over 20 years of experience as an options trader Rosenberg will add value to 360T’s growing options business. Rosenberg will be based in the New York office, and will report to the firm’s Managing Director, Alfred Schorno. 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.
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“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 in a statement to the media. “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.”