EBS Sets July Launch For Spot Gold Trading Against US Dollar

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LONDON--EBS, the electronic broker for forex, is adding precious metals trading to its automated dealing system. Customers will be able to trade spot gold against the US dollar from July 10, says EBS, with silver to follow shortly afterwards. EBS hopes the efficiency of automation in spot gold will attract new interest in the market, improved liquidity and depth.

The broker says the plan for a precious metals initiative originated with a core group of EBS partnership banks, including Barclays

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