Icap has announced that it has upgraded its EBS spot FX platform, making it faster and adding enhancements. The company says that as a result, global deal times on the platform are now 75% faster than they were a year ago. Intra-regional deals are-now completed on average in five to eight milliseconds.
“We have a responsibility to our customers to stay ahead of the market in terms of technological innovation, reliability and speed,” says David Rutter, deputy chief executive of Icap electronic broking, who outlined much of the technological plans the company had for EBS in the February issue of Euromoney.
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