Deutsche launches forex trading service

Deutsche Bank in London has launched dbFX, an online spot foreign exchange trading service for individual clients. The execution-only service will operate continuously, and provide streaming quotes on 24 currency pairs. It will also allow margin trading around the clock to clients anywhere in the world. Margin trading allows a customer to control a large forex position with a relatively modest-sized account.

Deutsche Bank said the service is designed to offer individual investors a similar level

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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