Icap follows new pricing model for EBS
As of January 1, 2008, the broker will begin a transition to volume-based pricing for all foreign exchange products on the EBS platform.
The move, which is designed to reward increased volumes and will be revenue-neutral for Icap, follows a period of detailed consultation and is in response to market and customer demand, the broker said.
The broker added the aim of the new structure is to become global and transparent, where discounts for volume will become retroactive and applied on a global
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