FX round up: Deutsche poised to enter retail space with new platform

Deutsche Bank is about to launch an entirely new FX trading platform aimed squarely at attracting flow from the retail end of the market.

Well-placed sources say the platform, to be called dbFX, will go live some time in May.

At the moment, it is not clear whether trades from dbFX will be routed through to the bank’s main client facing platform, Autobahn, or whether the risk will be managed entirely separately. However, with Autobahn also used internally by Deutsche’s traders, the likelihood is that the two systems will be linked. Sources say dbFX will be accessible on a 24-hour basis, six days a week, and that it will allow customers to trade on margin.

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