Deutsche offers CRI-linked auto-callables
Jason Batt, global head of FX indexes at the bank in London, said the products were first launched in the fourth quarter of last year in response to client demand, and had only recently begun to be marketed.
Batt said the products were popular in equity and FX markets, however, until very recently, the bank had only linked them to single-currency pairs such as EUR/USD, in FX. In a dynamic currency index such trades were "much more complicated to price from the bank's perspective", he said. This
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