NEX Launches EBS JPY Benchmark Index

Benchmark will provide price information for the dollar-yen rate during Japanese trading hours.

Tokyo Stock Exchange

The EBS JPY Benchmark is published daily at 3pm Tokyo time. It is calculated and distributed by NEX Data using rates from executed trades during the five-minute fixing window on the EBS Market central limit order book. The benchmark has been developed in conjunction with NEX’s foreign exchange and fixed income platform EBS Market, which is part of the broker’s NEX Markets electronic and trading solutions division.

Dollar-yen is the most traded currency pair on EBS Market. “NEX ‘Markets is the m

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