EBS Launch Plans Revealed: 194 Sites; Three-Phase Debut

PROPRIETARY EXECUTION

Sources close to the EBS Partnership have revealed details of its plans for rolling out its Electronic Broking Service at 194 bank branches worldwide. Some 103 of these branches are from institutions which are not partners in the bank-run consortium -- which means that the group has largely succeeded in its initial marketing goal.

EBS will be the third service launched into the highly competitive market for automated foreign exchange order matching, rivaling Reuters' Dealing 2000-2, which began

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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