ICAP further enhances EBS Spot FX pltaform

ICAP has completed the most recent phase of enhancements to its EBS Spot FX electronic trading platform which significantly improve functionality, increase the frequency of market view updates and speed of data delivery, and provide greater order book transparency for all EBS customers.

First Published by e-Forex News: April, 2008

ICAP has completed the most recent phase of enhancements to its EBS Spot FX electronic trading platform which significantly improve functionality, increase the frequency of market view updates and speed of data delivery, and provide greater order book transparency for all EBS customers.
The first step in the upgrade of the EBS platform involved a network and hardware upgrade to Linux which has contributed to a 75 percent improvement in global average deal times since January 2007. ICAP has also recently reduced the price distribution interval (time slicing) on the EBS platform by 50 percent to 500 milliseconds for all EBS customers. Customers of EBS Live, the premium EBS FX market data feed, have also seen price update frequency increased to once every 250 milliseconds, up from once every 500 milliseconds. Latency on EBS Live data transmission has been reduced from 95 milliseconds to 5 milliseconds since Q1 2007.