Deutsche Bank has won the titles of Best Liquidity Provider for Non-Deliverable Forwards (NDFs) and Best Algo Provider at the e-FX awards hosted by FX Markets. These awards acknowledge the skill, dedication, and creativity that market participants invest in the evolving field of electronic foreign exchange trading.
Vittorio Nuti, Global Head of Execution Services at Deutsche Bank, commented, “We’ve been proactive and forward-looking in our algo approach. Over two years ago, we anticipated rising costs for clients and began innovating. Our new-generation algo, Stark, offers clients access to Deutsche Bank’s proprietary alpha model, combining cutting-edge research with tools to reduce execution costs and enhance data, speed, and transparency across real-money accounts, hedge funds, and systematic users.”
Arijit Ganguly, Deutsche Bank’s Head of Asia NDFs, explained, “NDFs are cash-settled, short-term forward contracts. We now provide clients with a deeper, more customized set of services and solutions, combined with robust liquidity to meet their needs. We offer enhanced pricing and a comprehensive FX product suite across regions, currencies, and time zones, resulting in increased liquidity, improved risk management, and better pricing—key factors our clients value.”
The awards’ selection process involved seven external judges and four from FX Markets’ editorial team, who scored submissions based on their detail and the significant improvements and growth achieved by the firms over the year.
