
EBS takes over Cicada’s share of joint market data
TECHNOLOGY NEWS
LONDON -- EBS has bought market data and technology consultancy Cicada’s interest in the EBS Market Data Business, the two firms announced last week. Cicada was working on a range of additions to EBS’s market data capability.
EBS, a spot FX broker owned by a consortium of 12 banks and Japan’s Minex Corporation, paid Cicada an undisclosed sum to break away from the seven-year contract it signed with it last year.
As a result of the deal, Cicada has now laid off up to 20 staff that were working
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.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com