Darryl Hooker, New Markets Manager, ICAP Electronic Broking, said “The addition of GBP/CHF builds upon our continued growth in other sterling currency pairs, notably GBP/USD, and is a testament to the strength of our global market and the reliability of our product. ICAP has a market leading position in Swiss franc currency trading and we have seen strong demand from our customers for this product offering.”
GBP/CHF is the latest addition to the EBS platform. ICAP has introduced a spectrum of new currency pairs and precious metals to EBS throughout 2007, in response to trader demand. These include the Russian rouble/US dollar, New Zealand dollar/US dollar, Australian dollar/New Zealand dollar, platinum/US dollar, palladium/US dollar and sterling/yen pairs.
The EBS platform is an award winning screen-base anonymous dealing system for professional spot traders. The continued increase in volumes of deals transacted on a daily basis creates unparalleled liquidity and access to a global community of traders, bringing together buyers and sellers, bids and offers in an orderly marketplace.