The platforms of 2012: EBS

Gil Mandelzis at EBS
Gil Mandelzis, EBS

It is, by any measure, a strange confluence of factors that leads the largest trading platform in the foreign exchange market to publish two contrasting announcements in a single week: the first unveiling a set of system and policy changes with the explicit backing of 11 of its largest clients; the second announcing that average daily spot volumes fell by 49% year-on-year in August, dipping to $95.5 billion – the first time this year they have fallen below $100 billion.

But the extensive changes

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