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EUR/CHF Statement

As a result of the Swiss National Bank announcing that it has discontinued its minimum exchange rate this morning, EBS Market experienced significant volatility in EUR/CHF.

Throughout this period, EBS Market maintained normal, robust trading conditions on the platform.

A mistrade occurred on the platform resulting in a market low being published. This mistrade has been confirmed and the counterparties are in contact.

As the leading reference price for EUR/CHF, the recognised market low on EBS Market is 0.85000 for the trading day.

If you are an EBS customer and require further information, please contact EBS Customer Support. For media enquiries please contact ICAP Corporate Communications at media@icap.com.

15 January 2015

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