Molten Markets acquisition completes EBS's institutional offering

EBS BrokerTec now offers every type of OTC FX products to all institutional clients

Gil Mandelzis, EBS BrokerTec chief executive

EBS BrokerTec announced on October 5 that it had acquired Molten Markets, an FX technology provider for asset managers and pension funds. The acquisition of Molten Markets completes EBS BrokerTec's strategy to offer a complete suite of over-the-counter FX products to all segments of institutional customers.

Over the past three years, EBS BrokerTec has extended its FX suite by moving from a central limit order book to one offering various types of execution. It has also increased the range of FX

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