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. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
CAPITAL MARKETS

FX: Deutsche adds algos to autobahnFX

This story was first published on theweeklyFiX, for more details please click here

Deutsche Bank has become the latest bank to incorporate algorithmic trading functionality into its proprietary trading platform. The tool, called autobahnFX Algo, will enable clients to control how they time and price large orders with greater levels of precision, efficiency, flexibility and transparency.

"Clients can now decide in advance exactly how large orders will be executed, in what size, what frequency and at what spreads. They can see, second by second, how their order is progressing and can stop, pause or amend trades at the click of a button if market moves become unfavourable during execution," says Ian O’Flaherty, global head of FX e-commerce at Deutsche Bank,

Clients will be able to use three algo strategies: Limit Order+, designed for clients that want to achieve a particular price on their trades with a chance of improvement in price; Slicer, designed to achieve best price with minimal market impact; and Limit Order Slicer, which allows clients to trade using a Slicer but with the added ability to leave orders during the execution period to capitalize on any favourable price moves.

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