EBS to open NDF pool to non-bank players

2004-shutterstock — Déjà vu: the planned move is a throwback to 2004 when spot opened up to PB clients

- Eva Szalay
- 08 Sep 2016

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Icap-owned trading platform EBS is considering opening up its bank-only non-deliverable forwards (NDF) liquidity pool to prime brokerage customers, after executives at the firm made a ‘high-level' decision to allow non-bank market-makers to compete in the space, people familiar with the matter have told FX Week.

The plan, which echoes the platform's move in May 2004 when it first allowed buy-side customers to trade on the until-then interdealer-only EBS Market pool with the help of prime brokers

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com