Bank-backed foreign exchange trading network EBS is posting record volumes and customer numbers on its EBS Prime service. According to recent trading data, average daily volumes on EBS Prime hit $5.9 billion in April, compared with $4.3 billion in March; a significant increase on the $1 billion a day in October and November 2004. The level of take-up for this product is increasing at a similar pace, with 77 customers now confirmed as live from both the interbank and professional trading communities and 41 more in the pipeline.
EBS extended its EBS Prime system in March 2005 with a product dubbed EBS Prime Professional.
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