Deutsche Postbank ramps-up FX trading

- Stuart Fagg
- 07 Oct 2002

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The creation of Postbank’s new trading floor was designed to bring together the forex business of Postbank Group - of which Deutsche Postbank is a member. The bank serves external forex customers as part of its business, but also handles the forex business of the Postbank Group, which includes German mail firm Deutsche Post, delivery firm DHL, and logistics company Dansas. "We are the point of liquidity and centre of competence for the forex business of the Postbank Group," said the spokesperson. "All kinds of internal and external customers use the service of the forex desk."

The new floor uses Reuters and EBS platforms for interbank dealing, while the bank also has two Web-based forex trading platforms.

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