TOKYO -- The share of transactions on the Electronic Broking System (EBS) is declining in the foreign exchange market, which could undermine its function as a platform for providing indicative market figures.
Currencies
EBS for forex faces challenges as trading platforms diversify
More banks and hedge funds use exclusive systems, and new platforms gaining momentum
EBS is a platform for forex transactions operated by the Chicago Mercantile Exchange (CME) Group. It played a major role in interbank transactions in the late 1990s. (Photo by Yumi Kotani)
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