EBS to enforce Ultra participation criteria from mid-June

EBS BrokerTec will start calculating the 40/60 maker/taker ratios for EBS Ultra Live clients from May 15

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Mark the date: participation criteria calculations for EBS Ultra Live will commence on May 15, with enforcement four weeks later

EBS BrokerTec is set to enforce the participation requirements for its EBS Live Ultra data feed from mid-June, following a four-week period of data collection beginning on May 15, and cut off access to its five millisecond data stream for clients who do not meet the maker/taker ratio.

The platform will also introduce local Immediate or Cancel (IOC) order types on its three matching engines, which will allow clients to match on a regional basis as well as in the global liquidity pool.

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