Project Hazelnut: EBS Trader poised to hit market

TECHNOLOGY NEWS

LONDON -- EBS is set to move into the Web-based FX trading market with a new product called EBS Trader. The transaction system has a front-end based on technology from UK firm AVT and a guaranteed messaging system from Logicscope, said sources close to the project.

Although officials at EBS declined to comment on the project, which has been rumoured in the FX market since the beginning of the year, insiders at Reuters told FX Week’s sister publication Trading Technology Week (TTW) that they are

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