Commonwealth currencies are now amongst the most actively traded currency pairs on EBS Direct. Furthermore, the number of active Liquidity Consumers (LC) trading Commonwealth currencies has more than doubled year-on-year. The addition of RBC as an LP will further bolster this growth and give customers access to a leading liquidity provider in both major and emerging market currencies. This will create greater liquidity, better pricing and higher certainty of execution in these instruments.

Mark Burroughs, Director at RBC, commented: "Working with EBS Direct will facilitate enhanced liquidity for our clients. The EBS Direct global distribution network allows us to support a wide client base with customised liquidity."

Jeff Ward, Global Head of EBS Direct, said: "As the first Canadian Bank to become an LP, RBC brings tremendous value to the platform, increasing footprint in major and emerging market currencies and supporting EBS growth. We are excited to begin this partnership with them and to leverage their valuable liquidity to enhance and diversify pricing provider options for our customers."

EBS maintains a strong investment in leading technology for all of its platforms. EBS Direct has recently undergone significant upgrades and continued technology enhancements are planned during the course of 2015 to further improve the trading experience for customers. Customer interest in EBS Direct remains strong with more than 100 new customers soon to be on-boarded, further strengthening liquidity on the platform.