Deutsche’s been pumping out the news this week like the US has been pumping out financial institutions holed below the water line. The latest, hot-off-the-press development is the addition of fractional pricing on dbFX.com, Deutsche Bank’s retail trading platform. Better late than never I suppose – Oanda did the same thing in June 2004. Still, the bank seems quite chuffed with itself.
“The introduction of decimalised pricing enables us to provide clients with tighter spreads and very competitive transaction costs, and will help to ensure dbFX.com continues to provide a market leading offering to traders – whether that be from a functionality, access or pricing perspective,” says Betsy Waters, global head of dbFX sales. dbFX is now available in multiple languages and is accessible in over 70 countries.