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January 29, 2014updated 04 Apr 2017 2:33pm

Deutsche Bank signs up for Vontobel’s deritrade platform

The bank joins Morgan Stanley and Societe Generale in choosing the multi-issuer platform to distribute their structured products.

By Sruti Rao

The bank joins Morgan Stanley and Societe Generale in choosing the multi-issuer platform to distribute their structured products.

Vontobel’s multi-issuer deritrade platform for structured products, aims to bring transparency and comparability in the structured products space, according to the Swiss bank.

By being grouped with several players onto a centrally issuing platform, individual issuers such as Deutsche Bank benefit from reduced production costs and higher returns.

The deritrade platform currently caters to 4,000 professional investors in Europe and Asia, with $1trn assets under management.

Roger Studer, head of investment banking at Vontobel, said: "Deritrade is on its way to becoming a leading multi-issuer platform. We are proud that Deutsche Bank has decided to take advantage of this pioneering marketplace for structured products. I am convinced that this collaboration will benefit both investors as well as the participating issuers."

Nicolas Traissac, head of equity derivatives trading for EMEA at Deutsche Bank, added: "This development provides access to an attractive distribution channel and diverse client base."

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