EBS Fix Orders - EBS - Electronic Markets - Markets - ICAP.com

EBS Fix Orders

Fix Orders on EBS is an innovative new order type, introduced for the interbank manual trader, offering global matching capabilities for the most frequently used daily fixes*.

With the introduction of Fix Orders on EBS, manual traders for the first time will be able to electronically execute their clients' fix orders.

Benefits of Fix Orders include:

• Improved internal transparency and audit capabilities
  
  • - Immediate notification of execution and position management
  • - Full, automated straight through processing (STP) with reliable audit trails
  • - Ticket and processing options designed to satisfy compliance requirements
  
  
• Greater accuracy
  
  • - All matched orders are always executed at the specified fixing rate
  • - Amounts matched are always accurate. No confusion as to amount dealt. No   possibility of out-trades or mis-matches
  
  
• Global reach
  
  • - Greatly enhances fix order execution opportunities through unprecedented access   to a wide array of global interbank-only counterparties
  • - Global liquidity pool (for example, New York easily matched with liquidity provided   by night desks in Asia)

To ensure immediate response to customer queries and needs, the EBS platform is supported by dedicated customer support representatives 24 hours a day. 

*WM Fixings are provided by The World Markets Company plc (“WM”) in conjunction with Reuters. WM shall not be liable for any errors in or delays in providing or making available the data contained within this service or for any actions taken in reliance on the same, except to the extent that the same is directly caused by its or its employees’ negligence. You should ensure you are licensed to trade at the Rates by WM prior to engaging in trading activities pursuant to the Interbank Trading Service platform.