EBS Spot hits deals per minute record
EBS Spot has announced a record of more than 1,000 FX deals done in just 60 seconds.
EBS Spot has announced a record of more than 1,000 FX deals done in just 60 seconds. The record figures came on 6 August, as traditionally sleepy summer markets reacted to US economic data. The news saw a significant increase in FX trading activity among banks on the EBS Spot system.
At the peak of the days trading activity, the EBS Spot system recorded 1,088 done deals in one minute from 12.3012.31 GMT, a high for the system in terms of FX volumes, in what is traditionally known as a quiet period of the year.