Volumes surge on EBS eFix Matching
ADV up 160% a year after launch
EBS eFix Matching has seen a 160% uptick in average daily volumes in the year since its launch, with about a quarter of the benchmark flows going through it now being traded via an application program interface, compared with zero automation at the start.
The platform has seen greater diversification in the currency pairs traded, with the share of EUR/USD declining from 76% at launch to 46% in May this year, as pairs such as AUD/USD and GBP/USD continue to increase market share.
"With over 150
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