EuromoneyFXNews talks to Deutsche’s Zar Amrolia
With electronic trading more important than ever, Zar Amrolia, Deutsche Bank’s global head of foreign exchange, says that investment in people and technology will keep the bank in the driving seat with Autobahn. He discusses the relative merits of single-dealer and multi-dealer platforms as Euromoney’s 2011 FX survey goes live.
Can single-dealer and multi-dealer platforms happily co-exist?
What does a SDP offer that a MDP might not?
Are there services that a MDP can provide that a SDP can’t deliver?
Proving best execution is becoming an important requirement for your clients, and MDPs can deliver that, for the cost of a brokerage fee. Are there any other costs they need to be aware of?
How do you plan to one step ahead in the electronic platform race? MDP market share is now one-fifth of total market volume. Isn’t that at the expense of larger dealers such as Deutsche Bank?
It’s become easier and more efficient to trade for everybody. But how does that benefit a customer where FX is not a minute-by-minute concern?