EBS clamps down on disruptive behaviour with new dealing rules

A gavel used at an auction

EBS, Icap's flagship electronic foreign exchange platform, has this week begun the process of change initiated by its new chief executive Gil Mandelzis with the publication of a new set of dealing rules that take a hard line on disruptive trading behaviour.

Applying equally to all EBS participants, the rules focus on promoting liquidity-enhancing activity while eliminating practices that could be considered disruptive. Nichola Hunter, head of EBS product management at Icap in London, says a new

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