One of the leading technology providers in the industry dealing with connectivity and risk management solutions, Fluent Trade Technologies, has announced that it is launching support for spot FX data feed EBS Live Ultra.
ICAP’s electronic broking unit EBSBrokerTec has rolled out the new real-time streaming market data product in September. EBS Live Ultra is aimed at tackling last look issues in the industry. According to ICAP, the product is the firm’s fastest electronic FX data product to date.
World's Biggest Vessel Opens Gates for 2019 Coinsbank Blockchain CruiseGo to article >>
The offering has two data interval rates – one in 100 milliseconds intervals which is similar to the current EBS Live service and one which is updated in 20 milliseconds intervals, which is five times faster than the current EBS Live data product. The changes in the pricing data are enabling better price discovery and will result in more transparency and liquidity.
Commenting on the launch, the Head of Business Development at Fluent Trade Technologies, David Faulkner, said: “This is a potential game changer for the way the FX market consumes live data, but firms need to be prepared. Our focus will be on simplifying connectivity to this important market data feed for our clients, so they can focus on their trading strategies to take advantage of the opportunity EBS Live Ultra presents.”