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EBS Credit functionality is available for all EBS instruments. 

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  • EBS Market - a central limit order book with pre-screened bi-lateral credit limits that allows customers to match orders with other participants and leave resting orders in the market. 
  • EBS Direct - a fully disclosed, relationship-based platform that allows Liquidity Providers (LPs) to stream tailored prices direct to Liquidity Consumers (LCs). EBS Select is non-disclosed version. 

CME Group offers the EBS Risk Management API and GUI for clients to manage their credit profiles as follows:

  • Retrieving existing limits and credit utilization
  • Setting both bilateral and prime limit values on existing grantee credit groups
  • Kill and unkill functionality (API only)

The EBS Credit model on CME Globex applies global credit limits between counterparties to control all of their trading on EBS Market, eFix Matching Service and EBS Direct. These limits control the exposure of one counterparty to another regardless of execution venue.

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An EBS Risk Management API and GUI are available for clients to manage their credit profiles. API clients are required to complete a functional certification via Autocert+ tool prior to production access.

For more information please refer to the EBS AutoCert+ Risk Management User Helpand the EBS Risk Management GUI User Guide.

EBS Credit on CME Globex Features

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