Clients have once again acknowledged Deutsche Bank's leading position in Foreign Exchange (FX) by voting the Bank No.1 in Euromoney’s annual FX survey for the ninth consecutive year.
It is Deutsche Bank’s fifth major FX award this year following top rankings from Greenwich Associates, Risk, Global Finance and FX Week which together demonstrate the Bank’s consistent delivery of best-in-class products and client service.
The survey – which received over 16,000 responses accounting for USD 225tn of FX transactions – gave Deutsche Bank a 15.18% overall share of the global FX market, up from 14.57% in 2012.
Clients voted Deutsche Bank No.1 for market share in numerous sub categories including Options and Swaps and regional categories including Western Europe, Asia, Japan, Middle East, Central and Eastern Europe, Latin America and Australasia.
Deutsche Bank was the clear leader in the increasingly significant electronic FX trading category with an 18% market share. The survey found that 45% of dealer to client flows are now transacted on electronic platforms.
Recognized as the industry benchmark, the annual Euromoney FX survey is the most comprehensive qualitative and quantitative analysis on the FX markets.
Press Release: Deutsche Bank wins Euromoney FX survey for 9th consecutive year