Payback for EBS hiring Integral's co-founder Viral Tolat earlier this year???
A nice month for EBS, after a slowdown in March.
EBS's move is meant to remove advantages enjoyed by high-speed, high-frequency traders.
Has EBS now lost its lead in the Forex ECN business to rivals Thomson Reuters and FXall?
Has EBS recaptured its lead in the Forex ECN business over rivals Thomson Reuters and FXall?
The competitors in the Forex ECN business will jointly provide FX rate fixings in major currencies.
ICAP EBS volumes soar 22%; CME Group's FX futures volumes up 21%.
Move is likely meant to repair / improve ICAP and EBS's relationship with key FX liquidity banks.