EBS is no longer a one-trick pony

Gil Mandelzis and Darryl Hooker outline plans to turn EBS into a slick technology firm

Gil Mandelzis at EBS
Gil Mandelzis, EBS chief executive

EBS has seen better times. The venue, which was for years one part of a duopoly of currency trading platforms with Thomson Reuters, has seen daily volumes shrink, its dominant position challenged by new entrants and its core business eroded by structural changes in the market.

After a few turbulent years, which saw discontent from the platform's core bank client base, the introduction of and subsequent withdrawal from decimalised pricing, decreasing flows in the open market and historically low

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