FX business confirmed new plans for an integrated trading platform in February
Icap’s foreign exchange
business EBS has said it will soft launch FX swaps and
outrights on its flagship platform in the fourth quarter of
The beta launch, which is subject to
regulatory approval, is supported by eight liquidity providers,
said the firm on Thursday.
Paul Scott, global head of e-risk
at Commerzbank, said: "Having worked closely with EBS Direct
over the past two years, we are pleased that they are launching
this important asset class on their platform and we look
forward to participating in the beta launch."
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