Deutsche Bank continues to be the largest foreign exchange (FX) trading bank in Asia as well as globally, according to the definitive annual global market share survey conducted by respected capital markets publication, Euromoney.
According to the 2007 survey, which gathers information from over 8,630 institutional and corporate foreign exchange clients globally, Deutsche Bank is Asia's leading FX trading house with 21.74 percent market share an increase of 3.52 percent over 2006 UBS finished in second place.
Globally, Deutsche Bank accounts for 19.3 percent of the FX market, up from 19.26 percent in the 2006 survey. This is ahead of the second-ranked bank, UBS, and Citigroup, which was third.-PR