EBS Market customers with iCross connectivity will continue to see their iCross port as active/live after the migration to CME Globex.
CME Group informs market participants that EBS is restructuring the EBS Market off-SEF NDF venue effective July 24, 2022.
EBS Market and eFix trading on CME Globex launched on May 15, 2022, and the previous trading system is no longer available.
In response to client requests, EBS has decided to extend the timeline for its EBS technology migration to CME Globex.
To support the integration of EBS Markets with CME Group technology, existing EBS reports will be updated.
EBS eFix Matching Service reached a record daily notional volume of $25.3 billion on January 31, 2022.
EBS will be making enhancements to ensure that EBS Market remains a valuable source of spot FX liquidity for all market participants.
CME Group schedules start of EBS migration mock trading for October 2, 2021, with migration of clients to the new EBS platforms to continue.
Customers trading on EBS Direct will benefit from enhanced processing times – below 50 microseconds – on the new platform.
In Q3 2021, CME Group will temporarily implement an EBS Ai on CME Globex API to facilitate the EBS Market Integration.