Deutsche Bank was ranked the world's No. 1 Foreign Exchange (FX) dealer by end users in a Greenwich Associates survey which was published in February.
According to the survey, which polled more than 1,700 institutions, Deutsche Bank’s share of the FX market has risen by 1.4% over the past year.
The poll confirms Deutsche Bank’s dominance of the FX market: Deutsche Bank is currently ranked the world’s No. 1 FX bank by every major publication that tracks the industry including Euromoney, whose 2009 poll concluded late February.
According to Greenwich Associates, Deutsche Bank now has a market penetration with 73% of the world’s most active users of FX products.
Greenwich Associates is a leading international research-based consulting firm in institutional financial services. Greenwich Associates’ studies provide benefits to the buyers and sellers of financial services in the form of benchmark information on best practices and market intelligence on overall trends.
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