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FX NOTEBOOK: EBS Plans to Stifle Speed

Traders Magazine Online News, April 30, 2013

EBS is proposing a trading system that renders speed of placing an order immaterial. Gain Capital Holdings said it signed a definitive agreement to acquire Global Futures & Forex, Ltd. Spurned by Gain, FXCM it is establishing a brokerage that is not regulated. Phil Wood has stepped down from his eFX post at Germany’s biggest bank. TD Bank hires Brian Perry as head of European currency trading.

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