20 October 2017
visit www.atos.net

EBS Live promises faster FX prices

02 February 2004  |  4739 views  |  0 trader_1

Bank-backed foreign exchange dealing outfit EBS has launched EBS Live, a market data service that promises to cut delivery times for spot FX prices.

EBS says the new service will feed real-time prices direct to a bank's market data distribution platform at a consistent speed of less than 200 milliseconds, cutting data delivery times by a quarter.

Jack Jeffrey, EBS chief executive, says the service has been developed to meet bank demands for quicker data delivery in the fast-moving interbank currency markets. He says internal research shows that traders tend to execute against the fastest price if two quotes the same are received: "Our research has found that data latency is becoming an increasingly key issue for traders."

Jeffrey says advanced demand for the new product from banks seeking "first mover advantage" is already very strong.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Peter Bartko joins Forexster

Peter Bartko joins Forexster

30 October 2003  |  4068 views  |  0 comments
Bloomberg and EBS alliance takes aim at Reuters' FX business

Bloomberg and EBS alliance takes aim at Reuters' FX business

21 May 2003  |  9104 views  |  0 comments
Royal Bank of Scotland and EBS set out FX benchmark

Royal Bank of Scotland and EBS set out FX benchmark

06 February 2003  |  7804 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
satelliteGates Foundation backs Ripple collaboratio...
8370 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8125 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7356 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6718 views comments | 10 tweets | 21 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6389 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job