Officials: EBS Had Record Surge on Aug. 6
CONNECTIVITY
LONDON—Foreign exchange (FX) traders working the traditionally quiet summer desks saw a surprise burst of action on Aug. 6, as a massive surge in volumes followed jobs data from the U.S. government, officials confirmed recently.
Spot broker EBS reported its highest-ever per-minute record during the frenzied trading, recording 1,088 done deals between 12:30 and 12:31 p.m. London time. That represents nearly $4 billion in value, from more than 250 counterparties, according to EBS.
After the
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