FX: Deutsche’s need for speed

Top-ranked foreign exchange house Deutsche Bank aims to consolidate its leadership with a new twist on APIs. Rivals say the development is spin rather than substance. In a market where technology plays such a vital role, they’ll be hoping they’re right.

Deutsche Bank has upped the ante in the technology race raging among the world’s largest FX banks as it seeks to extend the lead it has held in the industry for the past eight years.

Superior trading technology has been one of the pillars that have given Deutsche its competitive advantage in FX and enabled it to be the undisputed leader over the past decade in a sector that has the most attractive return on equity of any global markets business.

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