EBS Spot debuts fixing orders


The Icap-owned platform will accept orders to be executed on the most popular daily fixes, such as the European Central Bank daily exchange rate, between an hour and 90 seconds before the rate is due to be published. Traders will receive a visual warning three-and-a-half minutes before the fix is due. When asked which fixes EBS will adopt, a spokesperson said: "We are looking at numerous fixes suggested by the market but have not made a final decision."

"Many banks have fixing business from

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