EBS launches Indian rupee fix and spot USD/INR
Foreign exchange trading platform EBS has launched USD/INR on its anonymous platform and added an Indian rupee spot trading fix as it seeks to extend its business into India, breaking the monopoly held by rival Thomson Reuters in the onshore rupee market.
Spot USD/INR is now available for all onshore bank customers to trade on EBS, and Indian banks that meet certain eligibility criteria can now trade all G-7 currencies on the platform, in addition to a range of emerging market pairs. EBS's debut
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