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May 20, 2002

HSBC launches EBS in Middle-East

HSBC has launched Electronic Broking Service (EBS) in the Middle East. EBS is an online service that provides access to spot foreign exchange and precious metals for interbank traders. HSBC will be the first bank to use EBS in the Middle East. EBS is used extensively in the world’s leading financial centres. It offers liquidity in the specialised spot foreign exchange market.

2,500 dealers in 850 banks use EBS Spot, a leading electronic trading system for professional foreign exchange and precious metals dealers, every day.

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