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Well it’s been an eventful period for Icap FX Spot, as EBS is now known. Following last week’s column, I got several phone calls telling me some of the buzz surrounding the company’s sale to Icap; various conspiracy theories as to why Jack Jeffery had resigned; and the wrongs and rights of allowing the buy side access to the EBS platform through keyboards.

One of my readers challenged me recently to get as many clichés into one story as possible. “Little things please little minds, ” was my response.

The saga surrounding Tullett Prebon’s unsolicited and unwelcome approach to buy eSpeed took what for many was an unexpected twist this week.

Add your own comments, and read the views of: Lars Hakanson, head of Foreign Exchange and Derivatives for Europe and Asia, Société Générale Corporate & Investment Banking; Andrew Brown, global head of FX, HSBC; Chris Mandell, global head of FX at Bank of America; Fabian Shey, global head of FX distribution, UBS Investment Bank; Richard Leighton, global head of FX, Standard Chartered; Zar Amrolia, global head of Foreign Exchange, Deutsche Bank; and Ivan Ritossa, global head of FX and head of Asian trading, Barclays Capital. Expert FX comment by people in the know.

The Parker FX Index reported a 1.99% return in April. There are 81 currency programs in the index – 61 reported positive results. On a risk-adjusted basis, the index was up 0.62%, with the median return 0.87%. The performance of the various funds ranged between a 10.05% and –4.21%. The top three performing funds on a reported basis were the Appleton 25% Risk Program of Dublin, Ireland (+10.05%); the Putnam Investments Currency Fund of Boston, Massachusetts (+10.02%): and the John W Henry International Forex Program of Boca Raton, Florida (+9.80%).

Add your own comments to, and read the views of: Drew Niv, chief executive officer, Forex Capital Markets; Chip Lowry, senior managing director, Global Link; David Ogg, Head of Lava FX; Lars Seier Christensen, chief executive, Saxo Bank; Jack Jeffery, former chief executive ICAP Electronic Broking; Robin Poynder, Head of Treasury for Focus Group Accounts and Ed Nelson, Global Head of Business Operations, Treasury;Derek Sammann, Managing Director, FX Products, Chicago Mercantile Exchange; and Mark Warms General Manager, Europe, FXAll. Expert FX comment by people in the know.

Nick Paulson, Joseph Coley

The Dubai Gold and Commodities Exchange (DGCX) will launch Indian rupee (INR) futures on June 7. Ostensibly, this is a historic and innovative event, but will it prove successful?

At least FXMarketSpace’s staffing level is rising even if its volumes levels are not. The fledgling platform has announced a further raft of hires this week, perhaps indicating that its two parents, the CME and Reuters, remain committed to the venture in the long term.

New appointments are those of Florian Lahnstein and Mark Goldstein.

This is my 50th Abigail with attitude column.

Michael Pralle interview: How GE became the world's biggest landlord