The acquired entity will soon form part of EBS’s operations and its services will be provided under the name of EBS Liquidity Optimization Services.
ClientKnowledge’s Justyn Trenner will join EBS’s executive team as the global head of liquidity optimization services.
EBS chief executive officer Gil Mandelzis said the launch of liquidity optimization services, based on ClientKnowledge’s skills, will enable the company to offer liquidity strategy by analyzing its customers’ requirements.
The FX platform is also set to launch a relationship-based disclosed liquidity offering, EBS Direct.
ICAP is an interdealer broker and provider of post trade risk and information services, which assists its customers to manage and mitigate risks in their portfolios.