EBS for forex faces challenges as trading platforms diversify

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EBS for forex faces challenges as trading platforms diversify

TOKYO -- The share of transactions on the Electronic Broking System (EBS) is declining in the foreign exchange market, which could undermine its funct

TOKYO — The share of transactions on the Electronic Broking System (EBS) is declining in the foreign exchange market, which could undermine its function as a platform for providing indicative market figures.

A growing number of banks and hedge funds are turning to their own trading systems, and new electronic platforms are also gaining ground.

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