EBS To Launch This Week In Three Asian Cities, Paris

PROPRIETARY EXECUTION

The Electronic Broking Service (EBS) foreign exchange order-matching system is slated to go live this week in Singapore, Hong Kong, Tokyo and Paris, according to EBS Partnership chairman Peter Bartko.

According to Bartko, the new centers will bring 60 new trading rooms and 100-odd dealers onto the service. This group will be in addition to the 70 counterparties now on the system in Europe and the U.S., he says.

Not all of the new dealing rooms will be those of the 13 owner-banks. "I don't think

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