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Nasdaq joins forces with Deutsche on FX

The exchange operator is eyeing similar partnerships with other investment banks to boost its foreign exchange volumes

Exchange operator Nasdaq OMX has joined forces with Deutsche Bank on a first-of-its-kind foreign exchange trading and clearing service, and is eyeing similar partnerships with other investment banks.

Nasdaq OMX Nordic, which operates exchanges and clearing infrastructure in Sweden, Denmark, Finland and Iceland, said that its members would be provided with access to FX products through Deutsche Bank's Autobahn FX trading platform, according to a statement today.

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