Deutsche Bank takes AutobahnFX on the open road

Proprietary trading platform sets out new workflow-based approach to collaborating with venues

Motorway sign with a right turn-off signalled “MDP” beneath a Deutsche Bank logo
Credit: Risk.net montage

Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to some of its workflow elements via third-party platforms – as clients continue to migrate towards these venues.

For years, banks have tried to divert FX traffic from the multi-dealer platforms by offering value-added services. But their efforts have not slowed down the travel of flows onto MDPs.

According to a report from Coalition Greenwich in November last year, a third of buy-side respondents

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