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Articles tagged by EBS Market

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.
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.