EBS Direct on-target for full launch, says Icap

Michael Spencer, ICAP

EBS Direct, the new relationship-based disclosed liquidity system that began beta testing with four liquidity providers in May, is now moving ahead towards a full launch in the coming months, according to interdealer broker Icap.

In its interim management statement published this morning, Icap said the new venture, which was first unveiled in late 2012, now has more than 20 liquidity consumers satisfied with its performance and demand continues to grow, with 275 customers signed up.


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