EBS reversal on decimals brings relief among traders
Icap's move to quote decimalised prices on major currency pairs last year was a controversial one, particularly for manual traders, and so it should perhaps come as little surprise that after extensive consultation with EBS users, the platform's new management team has chosen to reverse the decision of its predecessors.
EBS secured on-the-record support from 11 senior market participants for the changes it unveiled earlier this week – nine from the sell side and two from the buy side. But even
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