Wir fahr’n fahr’n fahr’n auf der Autobahn

I was astonished to hear this week that Deutsche Bank’s Autobahn trading platform has never experienced a losing month since it went live in 2001. So astonished, in fact, that I contacted the bank to see if the claim was true.

I expected a ‘no comment’ response, but Deutsche confirms its veracity.

I’ve now started to ponder on how much Autobahn is contributing to Deutsche’s bottom line. I understand that the bank manages to internalise a huge amount of the flow seen on Autobahn – perhaps as much as 85%. I also have a rough idea of how much the bank makes per million. What I don’t know yet is what proportion of the business Deutsche sees is done on Autobahn.

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