EBS Cuts Delays with Direct Feed

DELIVERY TECHNOLOGIES

London-based electronic spot foreign exchange (FX) broker EBS will launch a new datafeed today, Monday, Feb. 2, aimed at reducing latency in transmitting FX trade data to clients’ remote offices and trading portals.

EBS chief executive Jack Jeffery says latency has become an issue as banks have centralized pricing and risk management but decentralized sales offices, while increasingly targeting buy-side clients with their own FX portals. Banks would typically take the feed into their own pric

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