Deutsche Bank’s electronic FX trading platform, AutobahnFX, has launched the first full service options orders platform, offering clients the ability not just to view streaming prices but also to place option orders in multiple ways, including in vol terms. In addition, the bank has committed to becoming the first bank to offer a “Deal done” pledge for electronic FX options trading.
The new FX options service, called the Automated Tool for Orders Management will provide clients with the ability to trade FX options in a flexible and personalised manner. Deutsche Bank was the first bank to offer streaming FX options prices and will now extend the service so that clients will have the opportunity to actively manage their positions by transacting within the given bid/ask spread.
Commenting on the new service, Kevin Rodgers, Global Head of FX Derivatives at Deutsche Bank said, “This new service is a direct response to requests from clients who want to ensure they’re able to trade quickly and efficiently.”