dbFX managed accounts vol up 342%
NEW YORK - Deutsche Bank has seen a 342 % year-on-year rise in volumes traded in dbFX managed accounts, as investors search for transparent FX investments, said a bank official.
The managed accounts, launched in October 2007, also saw a 23 % increase in Q4 2008, compared to the first nine months of the year, according to Betsy Waters, global director for dbFX at the German bank in New York.
The platform also experienced a 250% rise in the number of customers last year, which includes growth in
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