EBS sterling push prospers

"We have seen a significant increase in counterparties and a great improvement in volumes," said Mark Monahan, global head of sales at EBS in London. Even more importantly, a lot of smaller institutions and ‘new names’ have joined, he added, including some from non-money market areas. "Our research said that the market is made up of a lot of smaller players and we’re getting a lot of them on. This is even better because it is what the customers wanted."

The firm launched its bid for the sterl