Deutsche Bank seminar on foreign exchange markets

Mr Posch and senior specialists from Deutsche Bank will examine key regional issues such as whether the dollar's decline has finally stopped and global issues such as the effect of the credit crunch on the world economy and FX markets.

As part of the seminar, Deutsche Bank, the world's number one in foreign exchange trading*, will also demonstrate its market leading retail FX online trading platform, dbFX.com.

Once seen as the preserve of major investment institutions and corporates, the development of online trading products, such as dbFX.com, is increasing the accessibility of FX trading to family offices and private investors in the GCC region.

As the only international investment bank to have launched an Arabic retail FX online service in response to strong demand from the Middle East, dbfxarabic.com, Deutsche Bank is now investing in a regional programme of events and workshops to help educate clients about the benefits of FX, how to choose the right FX provider and trading strategies to maximize potential investment returns.

Attendees will be able to trial the various features of dbFX.com which include: being able to trade directly with the FX market's number one price provider*; access to Deutsche Bank's research and charts; world class trading execution in all market conditions; live streaming quotes 24 hours a day; 34 currency pairs; margin trading with up to 100:1 leverage and the ability to open an account for as little as $5000.

According to Betsy Waters, Global Sales Manager at dbFX, Middle Eastern investors are perceptibly adopting FX as a new asset class alongside the more traditional asset classes of equities and bonds.

"FX is being used increasingly by investors in the region to hedge and speculate," said Waters. "With over $1.7trillion traded on the FX markets daily, more than 20 times the daily turnover of the New York Stock Exchange, it's clear that this is a highly liquid market.

In addition, while FX returns are not guaranteed, returns demonstrate low correlation to bond or equity markets and a lower rate of volatility.

Waters added, "With more and more retail investors in the Middle East entering the FX markets, it's crucial that investors choose the FX provider that suits their trading style. dbFX.com is the only international investment bank to offer an Arabic retail FX online service, dbfxarabic.com, which we launched in October 2007 following strong demand from the region for FX trading. We believe we will see strong growth this year in FX trading in the Middle East and we are now investing in a programme of events and workshops to help educate our clients in the region about how to maximize their potential returns from FX markets. Deutsche Bank's number one position in the world for FX trading*, combined with our online retail strategy, means we are helping to define the FX market in the Middle East".