New Solutions to Spur Australian and CAD Trade
EBS has announced a major drive to stimulate Australian and Canadian dollar FX trading volumes across the globe. The new EBS Aussie and CAD packages have been designed in direct response to traders’ needs for price, depth and liquidity and for access to trading on the G7 currencies, according to the company. Research conducted for EBS in December 2003 revealed that Aussie and CAD traders regard price, depth and liquidity as being of paramount importance. Announcing the launch, Jack Jeffery, Chief Executive Officer, EBS, said: ‘We are seeing renewed interest in both the Aussie and the Canadian dollar as global currencies. Our role is to facilitate an open and orderly market in FX. We will be focussing our efforts to encourage more volume onto our system at critical times of the day and to create and sustain the Aussie and the CAD trading communities.’ To coincide with the new currency programmes, EBS has also launched a new optional Linked Amounts functionality to EBS Spot to provide traders with a flexible solution to manage deal sizes.