EBS hits the pause button

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The trading platform will not enable any new customers to start trading until early December. The hiatus will affect new customers for EBS Prime, EBS Spot Ai and market data feed EBS Live.

A banking source said the move was being made because proprietary trading shops were taking advantage of latency in the system due to relatively slow transaction speeds. EBS execution takes about 500 milliseconds while other interbank portals are often sub100 milliseconds.

However, EBS insists that

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