The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

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. 


The entry of Deutsche into the already fairly crowded retail space is bound to have an impact on the existing providers. The marketing manager at one says that he is in some ways surprised that Deutsche has decided to step into the space, but even more surprised that it has taken so long for the big players to target the sector.


“It’ll be interesting to see how it will manage the business from a compliance point of view, what spreads it will quote and the level of margining it will require,” he says. “It’s hard at the moment to make a snap assessment on the impact it will have on our business.




You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree