Appraising a decade of EBS

Error reduction, increased transparency and a quieter trading floor are just some of the irrevocable changes electronic broking services from EBS, and its earlier rival Reuters, have brought to the forex market.

One of the most obvious effects has been in opening the market to all players, regardless of size, and this in turn has driven huge changes in the FX industry. "E-trading has removed the barriers of scale in the market. Electronic systems are agnostic to size and scale so there is no

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