EBS to Beta Launch FX Outrights and Swaps on EBS Direct
Q4 2015 launch supported by eight liquidity partners, including Credit Suisse and Commerzbank.
The inclusion of FX outright and swaps will support Request for Stream (RFS), a new addition to EBS's execution functionality on the EBS Direct platform, which is due to launch in Q3 of 2015. The new platform will give customers access to a wide range of analytical tools, advanced trading algorithms and aggregated views of multiple liquidity sources and types with attribution.
The beta launch will be supported by eight liquidity providers (LP), including Credit Suisse and Commerzbank, with a planned 30 liquidity customers to also participate.
"FX outrights and swaps are a very significant part of the market in which EBS has never participated," says Gil Mandelzis, CEO of EBS-BrokerTec. "This launch is an exciting and material addition for EBS and the latest introduction of many initiatives and services that we will launch in 2015 and 2016."
"This asset class is of crucial importance to our customers and we look forward to being able to offer them an additional source of pricing through EBS," adds John Estrade, global head of eFX Trading, one of the eight LPs to support the beta launch.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
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.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
This Week: Clear Street, AXA/AWS, TD Bank/Google Cloud and more
A summary of the latest financial technology news.
LSEG to sunset Redi EMS in favor of Tora
Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.
WatersTechnology latest edition
Check out our latest edition, plus more than 10 years of our best content.
Getting aggressive: Overbond uses AI to assess dealer axes
The fixed-income analytics specialist has developed a new tool to help buy-side firms decide if they’re getting a good price from their dealers.
Most read
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners
- Sell-Side Technology Awards 2024: Best implementation at a sell-side firm—FlexTrade Systems