Jeff Ward, Global Head of EBS, said: Providing our customers with unparalleled OTC FX liquidity and best-in class technology that dramatically improves latency and the execution experience for our customers is of the utmost importance to EBS. The next generation EBS Direct platform is 10x faster than our legacy platform, and the underlying technology will…
Read more
NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announces today that Bank of China (Hong Kong) Limited, a mainstream bank as well as an integrated and regional financial group with roots firmly planted in Hong Kong for 100 years, will be joining…
Read more
LeapRate Exclusive... LeapRate has learned that Viral Tolat, former CTO of FX technology products provider Integral Development Corporation and now CTO of rival EBS BrokerTec, a unit of NEX Group PLC (LON:NXG) (formerly known as ICAP plc), is facing a jury trial for misappropriation of source code taken from Integral to EBS, as well as breach…
Read moreEBS BrokerTec, the electronic foreign exchange and fixed income business of interdealer broker ICAP plc (LON:IAP), has announced that the volumes traded on its EBS Direct fully disclosed, relationship based FX platform have more than tripled over the past 18 months, hitting $18 billion (average daily volumes) in October 2015, up from about $5 billion…
Read more