Retail rollout for major banks
Deutsche Bank and Standard Chartered are launching products this quarter, while Dresdner Kleinwort Wasserstein is in talks about a possible launch.
Deutsche's platform, which launched on May 15, is called dbFX and offers 24-hour online margin forex trading on an execution-only basis to individual clients. Clients will be vetted and will then be able to trade from their own internet connections on deposited funds. Initially, the service will offer streaming quotes in spot for 24 currency pairs
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