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"Weve been successful because we built a scalable way to distribute liquidity. We got lucky that it worked and nobody else caught on for a few years" Rhomaios Ram, Deutsche Bank |
Back in the old days when foreign exchange dealing was transacted primarily by telephone, if you asked who the best trader in the market was, you would invariably be told that it was someone at one of the big banks who was running the book in one of the main currencies. There was an element of truth to such views but there was as much chance that the markets best dealer was hidden away trading a minor currency at a small institution.
Looking at todays market, Deutsche Banks Autobahn trading platform is frequently described as setting the benchmark for what an e-commerce offering should provide. But has Autobahns reputation been exaggerated because it belongs to Deutsche? After...