360T Reports €16 million in Q4 Revenues, and €65 million Overall in 2015

[kreslik.news]

With its purchase of FX platform operator 360T in Q4 2015, Deutsche Börse has issued its first financial report since theclosing of the deal. Purchased for €725 million, operationally, 360T is expected to play an important role for Deutsche Börse as it increases available asset types trading on electronic marketplaces. In addition, the exchange operator has floated the idea of adding FX derivatives to the 360T platform.

According to Deutsche Börse, the firm has a mid-term target of €400-600 million in structural revenue opportunities above the €2.367 billion in revenues the firm reported during 2015. Of those goals, Deutsche ... (read more)