2009 Media Releases

May 15, 2009

Deutsche Bank named Australasia’s leading FX House for the fourth consecutive year

Deutsche Bank has been named Australasia’s top FX house in Euromoney’s 2009 Foreign Exchange Poll for the fourth year in a row.

With 22 per cent market share in Australasia, the definitive global survey found that Deutsche Bank not only has the largest market share, it is also ranked number one by clients in the region.

Head of Global Markets, Australia and New Zealand, Michael Ormaechea said, “FX continues to be one of the most dynamic and profitable areas in financial markets. Deutsche Bank’s consistent leadership in this space is testament to the strength of our people, our intelligent client offering and our market-leading technology.”

The Euromoney 2009 FX Poll found that Deutsche Bank was the leading FX house globally, with a global market share of 21 per cent, over 6 per cent greater than its nearest rival – the largest gap in the history of the poll.

Voted the best FX bank in the Euromoney 2009 FX Poll for every region, Deutsche Bank also increased its market share in Western Europe and maintained its dominance in North America, Asia, Australia/Japan and the Middle East. Its electronic trading platform was ranked the best in the world by the same survey with a market share of nearly 40 per cent, and it maintained its global leadership in spot, forward, options and structured products.

Melissa Babbage, Head of Global Finance and Foreign Exchange, Australia and New Zealand commented, “The volatility we have experienced and will continue to experience, has put FX firmly on the agenda. Our clients know they have a strong counterparty who can provide consistent liquidity and smart solutions for their risk. As the market leader, we aren’t resting on our laurels. We are continuing to develop our platforms and expand our product offering for our clients."

Highlights of Deutsche Bank’s achievements in the Euromoney 2009 FX Poll

  • No 1. for market share in Australasia 22 per cent
  • No 1. ranking by Australasian clients
  • No 1. for overall market share globally
  • No 1. for market share in all market share categories
  • No 1. for market share in all polled regions – Australasia, North America, Western Europe, Asia and the Middle East
  • No 1. eCommerce trading platform

For further information, please contact:

Michelle Chaperon +61 (2) 8258 1311


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