07.13.2021

Next Generation EBS Direct Platform Goes Live

07.13.2021
Next Generation EBS Direct Platform Goes Live

EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, has launched its next-generation EBS Direct platform.

Customers trading on EBS Direct will benefit from enhanced processing times – below 50 microseconds – and faster market data on the new platform. This will enhance price discovery, provide greater certainty of execution and significantly improve fill ratios for market participants, while the creation of a more deterministic trading environment will create operational, execution and total cost efficiencies, improving overall trading performance for both Liquidity Consumers and Liquidity Providers.

“Providing our customers with unparalleled OTC FX liquidity and best-in class technology that dramatically improves latency and the execution experience for our customers is of the utmost importance to EBS,” said Jeff Ward, Global Head of EBS. “The next generation EBS Direct platform is 10x faster than our legacy platform, and the underlying technology will enable us to further innovate by rolling out new products, order types and execution logics in the future.”

“It has been a pleasure to work with the EBS team and establish Societe Generale as one of the first clients on the new EBS Direct platform,” said Mohamed Braham, Global Head of FIC Trading, Societe Generale. “We are excited by the potential for further improvement in our OTC FX trading and the efficiencies that will stem as a result.”           

EBS is currently onboarding API customers to the new platform, with manual Workstation users being migrated iteratively through H2 2021 as additional functionality is delivered.

EBS launched EBS Direct, the relationship-based quote driven market, in 2013. EBS Direct supports both disclosed and non-disclosed trading via a GUI and API. 

For more information on EBS Direct and the latest developments see here: https://www.cmegroup.com/trading/market-tech-and-data-services/ebs/platforms.html#direct

Source: CME Group

Celebrating women shaping European finance
European Women in Finance Awards deadline is Aug 23
#WomeninFinance #Finance #WIF
Nominate here: https://www.jotform.com/form/250276204100339

As Cboe Data Vantage scales globally, Adam Inzirillo discusses our APAC expansion, plans to launch dedicated cores in Canada and preparation for 24×5 U.S. equities trading, pending regulatory approval – full story in @marketsmedia: https://bit.ly/4kQx3mC

Load More

Related articles

  1. Vela Trading Targets Fixed Income

    Craig Donohue led his first Cboe Global Markets results call as CEO.

  2. The acquisition of crypto options firm Deribit is expected to close by 31 December 2025.

  3. ICE is using its mortgage data to increase transparency in the secondary capital markets.

  4. Euronext will launch voluntary exchange offer for all Hellenic Exchanges-Athens Stock Exchange shares.

  5. Outlook 2016: Alexander Lehmann, LSEG

    The group continues to evaluate inorganic growth opportunities.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA