EBS, a provider of electronic trading platforms and technology services in foreign exchange markets, and part of CME Group, has launched a next-generation EBS Direct platform with enhanced capacity and speed that will deliver round trip processing times below 50 microseconds. The platform is in beta-testing and is designed to offer faster market data and provide greater certainty of execution and improved fill ratios. EBS will transition clients to the platform in four phases over 18 months. The rollout is expected to be completed by the first half of 2021, after which time current EBS Direct architecture will be decommissioned.
A-Team Insight Briefs
Migration of financial apps and data to the cloud is well underway as financial institutions take the opportunity to cut the cost of running systems on premise, scale as and when required, and spin up test environments quickly and inexpensively. Moving the trading technology stack to the cloud is a different and more difficult proposition....
ICAP Information, part of TP ICAP, has released a market data service for the Indian OTC market. The service will allow participants to access information based on real-time bids and offers, rather than having to rely on indicatives, and provide accurate, reliable and independent insight into market activity. The service will source data from five...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
The year since we launched our first edition of the A-Team Alternative Trading Directory has passed by in a flash (no pun intended). And while the rate of expansion of the alternative trading system sector may have slowed – even consolidated somewhat – in the more established centres, their onward march continues both in terms of credibility, and of uptake...