At least according to Euromoney. I wrote about their methodology, which I don’t find very accurate, once before but honestly it’s not worse than my own retail volumes survey which mostly relies on what I know and hear (and it’s not always hard facts).
Deutsche Bank (DBKGn.DE) is the biggest player in the foreign exchange market for the sixth year running, accounting for nearly a fifth of all interbank business, Euromoney magazine said on Friday.
Deutsche’s share of the market dipped to 18.06 percent this year from 20.96 percent the previous year, having set a record 21.7 percent in 2008. Deutsche’s share still stood 6.8 percentage points more than its nearest rival, Swiss bank UBS (UBSN.VX).
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The combined share of the top 10 fell to 77.16 percent from 79.7 percent.
There were 11,716 votes in the poll, Euromoney said.
Ranking % Mkt share (2009 ranking)
- Deutsche Bank 18.06 (1)
- UBS 11.30 (2)
- Barclays Capital 11.08 (3)
- Citi 7.69 (5)
- RBS 6.50 (4)
- JP Morgan 6.35 (6)
- HSBC 4.55 (7)
- Credit Suisse 4.44 (9)
- Goldman Sachs 4.28 (8)
- Morgan Stanley 2.91 (11)