Reuters FX under threat EBS-Bloomberg forex alliance prompts defiant response from UK firm
EBS, the spot forex broker, and Bloomberg, the US information and trading systems giant, made their joint bid for FX market share on May 21 with the announcement that EBS’s conversational dealing product, EBS Trader, will be exclusively available on Bloomberg screens from Q3.
The deal brings EBS Trader, now used by 2,400 dealers, to a potential 170,000 desktops, and gives Bloomberg the ready-made direct-dealing product it needs to pursue its long-planned push into forex.
Reuters, however, was
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