17 March 2018
visit www.nextgenbanking.co.uk

EBS scales back market data plans

13 December 2001  |  3372 views  |  0 EBS scales back market data plans

Electronic FX broker EBS has broken off its year-old relationship with Cicada for the development and marketing of an enhanced version of the EBS market data price ticker.

Under the terms of the agreement, EBS will assume responsibility for the continuing development, sales and marketing of EBS Market Data to customers - functions previously managed by Cicada. EBS says the decision follows a reevaluation of the size and scope of its market data business strategy "in light of prevailing economic and market conditions, as well as customer feedback."

Cicada recently completed the first phase of the products and services planned for EBS Market Data, centred around the delivery of supplementary data services and improvements in the delivery mechanism.

EBS declined to comment on the cost of pulling out of the Cicada contract.

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

EBS chief Peter Bartko to step down

EBS chief Peter Bartko to step down

26 November 2001  |  3477 views  |  0 comments
Dow Jones Newswires delivers FX market data to EBS

Dow Jones Newswires delivers FX market data to EBS

31 October 2001  |  2912 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comVisit www.facebook.com/business/

Top topics

Most viewed Most shared
Augmentum Fintech raises £94m in IPOAugmentum Fintech raises £94m in IPO
11775 views comments | 25 tweets | 5 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
6812 views comments | 8 tweets | 7 linkedin
BIS warns central banks on digital currency issuanceBIS warns central banks on digital currenc...
6467 views comments | 18 tweets | 17 linkedin
Capital One virtual assistant can now issue virtual card numbersCapital One virtual assistant can now issu...
6221 views comments | 12 tweets | 11 linkedin
Starling and TrueLayer integrate for open bankingStarling and TrueLayer integrate for open...
6147 views comments | 13 tweets | 9 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job