Another new high for EBS

NEWS

The platform saw turnover of $231.8 billion single counted, more than 10% higher than the previous record of $211 billion on July 21, 2005. The trade was driven by news that the Fed had hiked interest rates by 0.25% and points in its twice-yearly comments calling on China to revalue its currency. Euro/dollar rallied sharply, ranging between a high of 1.2685 and 1.2873.

Ben Welsh, head of sales and trading for the Americas at HSBC in New York, said the bank saw very strong, though not record

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