Deutsche Bank Sees Most Indonesia FX Volume on Refinitiv
Posted by Colin Lambert. Last updated: April 6, 2022
Amidst a swathe of awards for local banks, Deutsche Bank has planted a flag for foreign banks in Indonesia by being named the winner in the Most Volume Traded category by Refinitiv. The award which have been granted for the first time in Indonesia this year, are based on activity on Refinitiv Matching in Indonesia, which was launched last year.
Refinitiv also presents awards for the local markets in Thailand and Vietnam, in the latter, BNP Paribas won Best Newcomer while the others were presented to local banks. In Thailand HSBC flew the flag for foreign banks, winning Best Bank of Refinitiv Matching.
On the Indonesian awards, Deutsche Bank’s head of FIC trading for Indonesia, Francis Soetopo, says, “Refinitiv has an unparalleled FX solution that offers deep price discovery, concentrated liquidity and efficient execution for traders. This award reflects the market-making expertise of our Indonesian platform across asset classes, from fixed income to currencies.
“Indonesia remains one of the key destinations for emerging market investors and we look forward to continuing our partnership with Refinitiv to meet emerging client and market demand,” he adds.