EBS decimals move has divided the spot market, admits Icap
The recent introduction of decimalised pricing on major currency pairs on the EBS spot platform has divided market participants, according to panellists at the FX Invest North America conference in Toronto on April 5.
“We made our big bang in early March because we decided it was inevitable and the marketplace has reacted typically strongly one way or the other. We’ve managed to make some friends, and we’ve managed to make some enemies,” said Daniel Torrey, head of EBS North America sales at
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