The importance of primary liquidity

FX Week talks to EBS CEO Gil Mandelzis

Gil Mandelzis, EBS

"The market really needed EBS Market to function well that day," says EBS chief executive Gil Mandelzis, speaking in his New York office. "Reliability matters and we test our systems to very high standards. For many in the industry this can be seen as a colourful and exciting event, but the currency business affects many people in real life."

He is not talking of any ordinary trading day in foreign exchange, but about what was arguably one of the biggest and most volatile days in the market's

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