EBS Market

EBS Market

EBS Market overview

CME EBS Market is a crucial platform for FX traders, offering a reliable and efficient way to participate in the global foreign exchange market. Its combination of liquidity, anonymity, and global reach makes it a valuable tool for both institutional and retail traders. It uses a Central Limit Order Book to match buyers and sellers.

EBS Market offers two matching engines:

  • New York (identified by the TT market name EBSM_NY)
  • London (identified by the TT market name EBSM_LN)

More Information: https://www.cmegroup.com/markets/ebs/ebs-market.html

EBS Market Spot Exchange API Support

TT® supports the following:

EBS Market Matching Engine

See video: EBS Market Order Entry and Matching on CME Globex.

EBS Market Market Depth

Currently, the exchange provides a maximum of twenty (20) levels of market depth for all products. TT receives market depth directly from the exchange and forwards it to the client trading applications.

EBS Market on CME Globex: Trading Hours / Trading Sessions

Market Venue Sunday Open Monday — Thursday Friday Close
Spot FX & Precious Metals EBS Service Co 17:00 GMT Trade Date Roll 17:00 ET 17:00 ET
Spot FX — NZD Pairs EBS Service Co 17:00 GMT Trade Date Roll 07:00 NZT 17:00 ET

*Trade Date Roll on Tuesday through Thursday — Good for Session orders remain working for Spot instruments.

**Close/Open on Monday and Friday — Good for Session orders will be eliminated

More information: https://www.cmegroup.com/trading-hours.html#EBS

Self Match Prevention Support

TT supports the CME Globex Self Match Prevention (SMP) functionality. SMP is optional and allows an executing firm to prevent the matching of orders with common ownership if both the buy and sell orders contain a Self Match Prevention Identifier (SMP ID) and Executing Firm ID. The SMP IDs are user-defined and need to be registered at the exchange and configured for each selected user on a per firm basis using the Setup application.

Connectivity Options

The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.