20 October 2017
Find out more

EBS scales back market data plans

13 December 2001  |  3327 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  |  3419 views  |  0 comments
Dow Jones Newswires delivers FX market data to EBS

Dow Jones Newswires delivers FX market data to EBS

31 October 2001  |  2864 views  |  0 comments

Related company news

 

Related blogs

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

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15924 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
9026 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8166 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7198 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6338 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job