Tag: EBS Market

EBS Market

And Finally…

This week sees yet another change in the platform world with, as discussed during our first Dial-in Day in April, Refinitiv Matching releasing a 5ms data stream, bringing it in line with the top feed at EBS Market. This is the latest in a mini-rush of changes at ECN/platform level, following Euronext FX’s change to […]

And Another Thing…

Monday’s column – predicably I have to say – prompted no little chatter on my communication channels, it’s always that way when I write about the primary venues, and amongst the always interesting conversations was an idea or two about why the April and May data were so awful, and the suggestion of a scenario […]

And Finally…

Many years ago I interviewed then EBS CEO Jack Jeffery, and one soundbite from that chat sticks with me to this day. When asked about his growth ambitions for what was already the biggest spot platform he answered simply, “Credibility in all currency pairs”.
Under its new guise of Nex Markets I am told the latest attempt is underway to build Cable market share, but I would not be surprised if it represents something of a controversial move and may actually cause people to question whether EBS Market can ever be relevant in Cable.

Nex Data Creates FX Margin Ratios for the FFAJ

Nex Data has been mandated by the Financial Futures Association of Japan (FFAJ) to create foreign exchange margin ratios for 170 currency pairs.
Launched in February 2017, the FX margin ratios support the derivatives margin calculations which Japanese retail brokers have to provide to local authorities following the new regulations which kicked in on 27 February 2017. Using underlying data taken from Nex Markets’ EBS Market as a primary source in addition to third party sources, the FX margin ratios are used to support the provision of data in the Japanese retail market.