BNPP live as EBS Prime Bank, as volumes normalise

BNP Paribas went live as an EBS FX Prime Bank last week, extending the ability to trade in the core spot FX market to other bank and non-bank professional traders, including hedge funds, through a prime brokerage relationship (October 19, 2009).

The number of customers trading through EBS Prime continues to increase as new participants, particularly algorithmic traders, join the market. The total number of active EBS Prime customers has risen to more than 300 floors.

Nathaniel Litwak, head of

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