Electronic Broking Service Reaches 1,000 Daily Trades
TECHNOLOGY
Daily volume on the Electronic Broking Service (EBS) has broken 1,000 trades, according to EBS Partnership chairman Peter Bartko. "We were above 1,000 every day the week of November 15 to 19," he says. "It was running between 1,100 and 1,200 trades per day.
This tally is more than double the 530 daily average reported for the last two weeks of October (FX Week, November 8) and well up on the 737 average daily trades reported for the first two weeks of November (see table, below). Only part of the
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