Nex’s Cartledge: we’re not asking anyone to pay in advance

EBS Direct to raise brokerage fees following analytics suite launch and single-ticket execution upgrade

Tim Cartledge, global head of FX & head of product, EBS BrokerTec
Tim Cartledge: improvements on the platform have led to savings of $15 per million for liquidity providers and takers

Brokerage fees on relationship-based EBS Direct are set to rise by up to $1.25 per million for certain clients from the beginning of April, after the venue invested in its suite of analytics tools and made changes to its aggregation logic last year.

The fee hike, affecting only certain clients, will apply on both Direct and the anonymous segmented and bilateral liquidity pool, Select. Price-takers are largely unaffected by the increase, but liquidity providers making prices via API connections

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