Deutsche Bank has unveiled foreign exchange (FX) swap orders on its electronic commerce platform Autobahn, FX Week reports. The FX swap orders will enable clients to place an order for an FX swap on Autobahn, which will be implemented when the market rate reaches their order level.
A Deutsche Bank trader may also provide clients with a manually executed “inside fill”. The product is aimed at more sophisticated FX swap desks at other top-tier banks and mid-tier banks. It can be utilized by other institutions as well.
Click here for the story from FX Week.