ICAP, the premier interdealer broker, launches a new web-based service offering access to the award-winning spot FX platform EBS. EBS Global Access allows traders, via the Internet, to access the same global liquidity pool and counterparty community as traditional keypad access, with virtually immediate deployment time.
EBS Global Access leverages the existing EBS global architecture, offering customers the liquidity, reliability and security associated with the EBS platform, but requires no dedicated hardware at the customer site. The launch marks the conclusion of a four-month beta testing period, involving more than 10 institutions.
“As the global FX, NDF and precious metals markets continue to grow, it is vital that we reach out to new customer groups in new regions,” says David Rutter, deputy CEO, ICAP Electronic Broking. “EBS Global Access broadens access to the EBS global liquidity pool and allows us to expand our full service product offering to reach participants that we may not have been able to reach before.”
“EBS Global Access provides both the global spot FX liquidity source as well as a cost effective solution,” says Randy Hebert, head of FX Trading, BBK. “I think the EBS Global Access will provide access to a huge trading community of bank and non bank participants.”