Deutsche Bank’s New Singapore e-FX Hub Completes First Trades

Deutsche Bank has gone live with trading on its newly launched electronic foreign exchange pricing and trading hub based in Singapore. The bank announced the launch of the hub in June last year with the aim of allowing its clients to execute foreign exchange transactions faster by aligning them more closely with the geographic location as opposed to waiting for prices to be matched in London, New York, or Tokyo where there is still a significant time lag.