Deutsche Bank has topped
Euromoney’s 2009 FX Survey with a market share of 21%, over 6% more than its nearest rival, the largest gap in the history of the poll. It is the
fifth year in a row that Deutsche Bank has ranked No.1 in the poll - the most influential in the industry - and the second that it has secured a share of over 20%.
Zar Amrolia, Head of Global Markets Foreign Exchange, said the result “reflects the unique strength of the entire Deutsche Bank platform, and the hard work put in over the past 12 months.”
The Bank was voted the best FX bank in every region, and increased its market share in Western Europe and maintained its dominance in North America, Asia, Australia and the Middle East.
Deutsche Bank’s electronic trading platform was ranked the best in the world with a market share of nearly 40%, and the Bank maintained its leadership in spot, forward, options and structured products. Deutsche Bank also dominated the FX Research awards, ranking No.1 in four out of five categories, and also ranked No.1 or No.2 in every non-core currency.
The poll was based on interviews with over 12,000 leading users of FX products around the world, making it the largest ever survey of the FX market.
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