dbFX to discuss FX trading strategies in volatile markets

As the effects of the credit crisis continue to spread across the global financial system, dbFX specialists will examine how best to trade currencies in volatile FX markets.

Once seen as the preserve of major investment institutions and corporates, the development of online trading products such as dbFX.com are increasing the accessibility of FX trading to family offices and private investors in the Middle East 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 investing in a regional programme of events and workshops to help educate clients about FX trading, how to choose the right FX provider and trading strategies to maximize potential investment returns.

dbFX will also be present at Dubai's Middle East Money Summit on 30 and 31 October at the Jumeirah Beach Hotel.

dbFX's Dubai seminar will examine turning market information into trade ideas as well as how to plan and execute a trade to maximize upside whilst limiting downside risk.

The seminar will use live market case studies based on the key FX trading strategies of carry, fundamental and technical trading to take clients through various scenarios and associated strategies step by step.

Betsy Waters, Global Director of dbFX for Deutsche Bank, said,

"Online FX trading for private investors in the Middle East has arrived. dbFX has seen strong growth in the region since we launched our Arabic version of dbFX just over a year ago. With over US$3.2 billion traded on the FX markets daily, which is twenty times the daily volume of NYSE Euronext, it's clear that this is a highly liquid, and importantly, 24/7, market."

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.

Even more importantly, especially during this period of market volatility, investors must understand the advantages and disadvantages of different trading strategies and how to execute them.

Waters added, "Deutsche Bank's number one position in FX* is hugely beneficial to our Middle Eastern retail FX customers.

By trading through dbFX, our customers are dealing with the largest liquidity provider, Deutsche Bank, giving them access to competitive spreads.

Our retail customers are able to make informed FX strategies, as they have direct access to Deutsche Bank's FX research.

They also have the safety and security of knowing that they are clients of one of the world's leading banks."

As part of the seminar, Deutsche Bank will be demonstrating its market leading retail online margin FX trading platform, dbFX.com.

Attendees will be able to trial the various features of dbFX.com and see the benefits which include: being able to trade directly with the FX market's number one liquidity 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 with as little as $5000.

The seminar will be held in the DIFC Conference Center, at the Dubai International Financial Center, Dubai, from 7pm to 9.30pm on Monday 3 November.