
Appraising a decade of EBS
Error reduction, increased transparency and a quieter trading floor are just some of the irrevocable changes electronic broking services from EBS, and its earlier rival Reuters, have brought to the forex market.
One of the most obvious effects has been in opening the market to all players, regardless of size, and this in turn has driven huge changes in the FX industry. "E-trading has removed the barriers of scale in the market. Electronic systems are agnostic to size and scale so there is no
More on Foreign Exchange
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%
Spot volumes on platforms resumed downward trend in 2019
But an uptick was seen in FX swaps and forwards submitted for settlement
PBoC extends market closure as coronavirus spreads rapidly
Chinese central bank extends interbank markets closure and vows to maintain ample liquidity