EBS temporarily down in some financial centers-traders
NEW YORK, March 5 |
NEW YORK, March 5 (Reuters) - Electronic foreign exchange trading platform EBS was temporarily down in some key financial centers, traders said on Thursday.
Currency traders in New York, London, and Canada cited problems with the platform and one specifically cited glitches in the dollar/yen pair.
"EBS is down and it's tough for people to get trades through the market. Spreads are a bit wide right now, making the market a bit more volatile," said Dave Bradley, director of FX trading at Scotia Capital in Toronto.
EBS, which is owned by ICAP (IAP.L), was not immediately available for comment.
Reuters, meanwhile, competes with EBS in the foreign exchange market. (Reporting by Gertrude Chavez-Dreyfuss and Steven C. Johnson; Editing by Theodore d'Afflisio)
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