Frances Maguire
Frances Maguire

A Commanding view of FX

Stefan Hamberger, Head of eFIC Sales at Commerzbank Corporates and Markets (C&M) talks to Frances Maguire about Commander, Commerzbank’s newly enhanced eFX platform, which gives users greater command and control over their FX trading.

First Published: e-Forex Magazine 48 / Platform Profile / July, 2012

Commerzbank has seen the number of users wanting to trade online double in the past year. Based on the solid foundation of the Click&Trade FX platform, acquired in the merger with Dresdner Kleinwort in 2009, Commander has been enhanced to tackle this upsurge in electronic trading and built out from talking to customers about what they want from an eFX platform. A number of new features have been developed, including improved analytics, live streaming prices for NDFs, and added functionality for spot gold trading and structured products.   Why did Commerzbank decide to enhance its eFX platform? As one of the first banks to offer a proprietary graphical user interface (GUI) and access via its application programming interface (API), Commerzbank set out to revamp the platform to bring it up to date and into a new era of electronic trading. Click&Trade FX was developed in 2003 and after the merger we felt it was necessary to bring it into the family of products at Commerzbank. Commander gives...continued

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