Local dealers up the ante

2004 German rankings

The German derivatives market is getting more competitive – that’s the lesson from Risk’s second survey of derivatives users in Germany. Although heavyweight global derivatives dealers performed well – Deutsche Bank took 11 first positions spread across all the categories, and JP Morgan managed to dominate forex options with first places in the euro/dollar forex options and individual dollar- and euro- denominated exotic forex options – smaller banks, particularly DZ Bank and HypoVereinsbank

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