Icap Starts EBS Update

The latest version, EBS Spot 8.0, can stack up to 100 resting orders, which is double the number supported in the previous version, says Jeff Ward, regional manager for electronic broking at Icap in Singapore. In addition, the new release will include visual alerts informing traders if their resting orders are being dealt and the status of their deals. The updated interface includes a panel with color-coded visual alerts tailored for non-deliverable forwards (NDFs).

These functionalities will be

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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