On the back end of mounting client demand, EBS has launched a new product to bolster its NDF capabilities.
EBS BrokerTec, ICAP's electronic foreign Exchange (FX) and fixed-income arm, has launched a new non-deliverable forward (NDF) instrument, named TOD/TOM, amidst mounting client demand, per a recent EBS report.
The new world of Online Trading, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
TOD/TOM stands for EBS' solution for trading today (TOD), coupled with tomorrow’s (TOM) fixing against the one month. The new product will be utilized via straight through processing (STP), in conjunction with other trade auditing processes. EBS has opted to trade Off-SEF instruments across Asian NDFs. By extension, EBS has already unveiled future plans to expand On-SEF instruments and NDFs in the Latin American (LATAM) space in the upcoming months, given the pent up demand for such products in the region.
Overall, trading on the one month outright has been a point of emphasis on EBS Market, having notched strong customer demand since 2012. TOD/TOM is important as it acts as a complementary instrument to the one-month outright, which collectively encompasses a substantial part of the NDF market for clients.
According to Darryl Hooker, Co Head of EBS BrokerTec Markets in a recent statement on the launch: “The EBS Market platform has established itself as key to trading NDFs electronically and has seen meaningful support from clients which is reflected in strong volume and counterparty growth.”
“We have taken the lead in automating what has until now been a very manual process, and believe the new TOD/TOM product will fit seamlessly with the existing NDF offering. In particular we see real interest from clients already trading in the one month outright product,” he added.
EBS BrokerTec, ICAP's electronic foreign Exchange (FX) and fixed-income arm, has launched a new non-deliverable forward (NDF) instrument, named TOD/TOM, amidst mounting client demand, per a recent EBS report.
The new world of Online Trading, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
TOD/TOM stands for EBS' solution for trading today (TOD), coupled with tomorrow’s (TOM) fixing against the one month. The new product will be utilized via straight through processing (STP), in conjunction with other trade auditing processes. EBS has opted to trade Off-SEF instruments across Asian NDFs. By extension, EBS has already unveiled future plans to expand On-SEF instruments and NDFs in the Latin American (LATAM) space in the upcoming months, given the pent up demand for such products in the region.
Overall, trading on the one month outright has been a point of emphasis on EBS Market, having notched strong customer demand since 2012. TOD/TOM is important as it acts as a complementary instrument to the one-month outright, which collectively encompasses a substantial part of the NDF market for clients.
According to Darryl Hooker, Co Head of EBS BrokerTec Markets in a recent statement on the launch: “The EBS Market platform has established itself as key to trading NDFs electronically and has seen meaningful support from clients which is reflected in strong volume and counterparty growth.”
“We have taken the lead in automating what has until now been a very manual process, and believe the new TOD/TOM product will fit seamlessly with the existing NDF offering. In particular we see real interest from clients already trading in the one month outright product,” he added.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!