Several of Deutsche Bank’s clients had problems with the pricing they were getting electronically when they have came to roll positions forward at the end of September. When these have been queried on the telephone, the prices have apparently been requoted more accurately in line with prevailing rates in the market.
Whether the issue is one of simple mispricing or because of a technological fault is not clear, and Deutsche understandably has declined to comment. Sources say that many clients have been happy to roll their positions over on the phone, although others have decided that a better service is available elsewhere.
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