Deutsche Bank widened its lead in Euromoney's 2010 Foreign Exchange Survey announced on yesterday, winning a market share of 18.06%, nearly seven percentage points more than the second placed firm. Over the past four years, the gap between Deutsche Bank and the No 2 FX House has increased steadily from 4.45% in 2007, to 5.9% in 2008, 6.38% in 2009 and 6.76% this year.

Deutsche Bank was also voted the best FX House in every major region - Western Europe, North America and Asia - for the sixth year running.

Zar Amrolia, Global Head of Foreign Exchange at Deutsche Bank, said the scale of Deutsche Bank's victory this year was particularly sweet because of the huge surge in competition for FX business. "Over the past year, we have seen dozens of banks radically expand their FX businesses with many firms seeking to increase market share," he said. "To win an 18% plus market share in this environment is an outstanding achievement."

Euromoney Magazine attributed Deutsche Bank's continued success to the strength of its electronic trading platform Autobahn. Electronic FX trading is growing rapidly and looks set to become a key battleground for FX banks with 75% of all FX trades expected to be executed electronically by the end of 2012. Deutsche Bank has been investing heavily in electronic trading for over a decade, Euromoney noted in its write-up on the survey, launching a string of great new products during 2009/2010 such as AutobahnFX Algo, Fast Orders and Inside Fill.

And there are is a raft of exciting new e-trading initiatives in the pipeline that will make AutobahnFX an even stronger platform than it is today. 11,716 people responsible for $167.3 trillion of FX trades during the past 12 months participated in the survey making it the most comprehensive poll of the global FX market.

Additional infomation:

Foreign Exchange

dbFX

autobahn®FX

autobahnFX Algo

Awards for Deutsche Bank Group - Rewards for our Passion to Perform