Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Deutsche Bank Is Top Currency Trader, Greenwich Associates Says

March 5 (Bloomberg) -- Deutsche Bank AG had the biggest share of the global foreign-exchange market as of November, followed by Citigroup Inc., UBS AG and Barclays Plc, Greenwich Associates said.

Frankfurt-based Deutsche, Germany’s largest bank, had a 10.7 percent share of the foreign-exchange market, according to a survey conducted between September and November 2012. It was followed by Citigroup at 10.1 percent, UBS at 10 percent and Barclays at 9.7 percent, a statistical tie, Greenwich Associates said. Barclays was the largest currency trader in the 2011 survey.

Citigroup was the No. 1 dealer for corporate entities, while Deutsche led among financial-service institutions such as hedge funds and insurance companies.

Greenwich Associates, a research company based in Stamford, Connecticut, tracks foreign-exchange trading volume among 2,661 end-user corporate and institutional customers.

To contact the reporter on this story: John Detrixhe in New York at jdetrixhe1@bloomberg.net

To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.