|
|
Article: Deutsche bank records 100% yoy increase in its foreign exchange trading volumes in the middle east and secures 21.7% global market share
- Article from:
- Al Bawaba
- Article date:
- May 12, 2008
CopyrightCopyright 2008 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
|
Deutsche bank records 100% yoy increase in its foreign exchange
trading volumes in the middle east and secures 21.7% global market
share
Deutsche Bank announced today that it has recorded a 100% annual
increase in its foreign exchange trading volumes year on year since
it offered FX as an asset class to its clients in the Middle East.
Recently, Deutsche Bank for the fourth year running secured the
lead position in EUROMONEY's annual FX survey as the largest foreign
exchange bank by volume. Its share of global turnover broke the 20%
barrier for the first time this year, to record a 21.7% global
market share. The Bank was also voted as the top provider of FX
services globally.
The global ...