A nice month for EBS, after a slowdown in March.
Has EBS now lost its lead in the Forex ECN business to rivals Thomson Reuters and FXall?
The competitors in the Forex ECN business will jointly provide FX rate fixings in major currencies.
Adds Mitsubishi UFJ and Nomura as liquidity banks.
ICAP's EBS losing ground to FXall and Thomson Reuters in the FX ECN business.
November FX trading volume data looking good so far...
ICAP's EBS taking drastic steps to bring back clients.
EBS Direct to provide relationship-based, disclosed liquidity.
Several newcomers, added to larger incumbents, all vying for falling volumes.
FXall surpasses ICAP-EBS as the #2 Forex ECN.