EBS Direct bolsters EM offering

Metallinvestbank and Standard Bank added as liquidity providers

Ripples in water

EBS Direct, the relationship-trading platform of Icap-owned EBS BrokerTec, has added Metallinvestbank and Standard Bank as liquidity providers to strengthen its Russian ruble and South African rand offering.

The expansion reflects the venue's ambition to broaden its presence across local market providers, or regional banks, as those dealers experience a revival and make strides in electronic markets in their local currencies.

EBS Direct, which is free for liquidity providers, has proven popular

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