Euromoney Foreign Exchange Awards 2023: Best bank trading – best bank for FX trading: Deutsche Bank

Deutsche Bank’s investment in principal resting order (PRO) technology for spot FX trades has enabled clients to earn spread while trading with the bank. PRO also enables the bank to further increase its internalization rate and hence reduce market impact for the entire client franchise.

Deutsche Bank’s investment in principal resting order (PRO) technology for spot FX trades has enabled clients to earn spread while trading with the bank. PRO also enables the bank to further increase its internalization rate and hence reduce market impact for the entire client franchise.

In 2022, Deutsche combined the capabilities of its three existing algos – Stealth, SmartPeg and IS – into one new strategy (Stark), which enables the use of a sophisticated proprietary alpha model and benefits from internalization with powerful order placement logic, incorporating PRO.

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