
EBS Celebrates Fifth Year; FRA Product Is Next In Line
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LONDON--September 15 marks the fifth anniversary of the launch of the Electronic Broking Service (EBS). In that time, EBS, together with its competitor in the automated matching services market, Reuters Dealing 2000-2 Spot, have reshaped the global FX market.
Content with the existing 800 customer banks now online with its spot FX service, EBS is now turning its attention to new markets.
An electronic broking service for forward rate agreements, EBS FRA, will be launched next month.
According to
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