Deutsche Bank Wins Two Asian FX Awards for NDF and South Korea Market Leadership

Deutsche Bank Wins Two Asian FX Awards for NDF and South Korea Market Leadership

(IN BRIEF) Deutsche Bank has been named Best Asia FX Non-Deliverable Forwards House and, for the second consecutive year, FX House of the Year – South Korea, recognising its leadership in Asian foreign exchange markets and its role in supporting South Korea’s FX market internationalisation. The awards highlight the bank’s work in currency risk management, liquidity access, electronic FX execution, automation and client-focused market solutions. Deutsche Bank said it has expanded access to liquidity across emerging Asian markets, enhanced electronic execution capabilities, strengthened its Registered Financial Institution presence in South Korea and invested in local infrastructure to help clients access deliverable Korean won hedging more effectively. Ashok Das, Head of Global Emerging Markets & FIC Macro Trading for Asia, said the awards reflect continued investment in people, technology and infrastructure, as well as trusted partnerships with clients, regulators and market participants across the region.

(PRESS RELEASE) FRANKFURT, 1-Sep-2026 — /EuropaWire/ — Deutsche Bank has been named Best Asia FX Non-Deliverable Forwards House and FX House of the Year – South Korea, recognising its leadership in Asian foreign exchange markets and its role in supporting the continued development of South Korea’s FX market.

The awards highlight Deutsche Bank’s work in currency risk management, liquidity access, electronic FX execution and client-focused market solutions across Asia.

They also reflect the bank’s investment in technology, infrastructure and market expertise to help clients manage foreign exchange risk in a region where currency markets are becoming increasingly digital, interconnected and internationally oriented.

Deutsche Bank won Best Asia FX Non-Deliverable Forwards, or NDF, House for its role in providing solutions that help clients manage currency risk across emerging Asian markets.

Over the past year, the bank expanded client access to liquidity, increased automation and streamlined execution processes.

These improvements are intended to make it easier for companies, investors and financial institutions to manage FX risk efficiently.

Recognition in South Korea

Deutsche Bank was also named FX House of the Year – South Korea for the second consecutive year.

The award recognises the bank’s role in supporting the internationalisation of South Korea’s foreign exchange market.

As South Korea continues to open its financial markets to global investors, Deutsche Bank has worked with clients, regulators and market participants to support the transition.

The bank has expanded its Registered Financial Institution, or RFI, presence and invested in local infrastructure.

This helps clients access deliverable Korean won, or KRW, hedging more effectively.

Leadership in Asian FX markets

Deutsche Bank said Asia’s foreign exchange markets are changing rapidly as they become more electronic, more connected and more open to international participation.

Clients increasingly require more than access to markets.

They are also seeking simpler processes, greater transparency and solutions that fit into their existing workflows.

The bank said its recognition reflects a combination of regional network strength, advanced technology and local expertise.

Key initiatives include investment in electronic execution capabilities, integrated solutions to improve efficiency, support for Korean market reforms, and the development of trusted relationships with clients, regulators and market participants across the region.

Ashok Das, Head of Global Emerging Markets & FIC Macro Trading for Asia at Deutsche Bank, said the bank has continued to invest in people, technology and infrastructure across both the NDF and South Korea businesses.

He said these investments help clients access liquidity, manage risk and execute strategies with greater efficiency and confidence.

Das added that the awards reflect the dedication of Deutsche Bank’s teams across the region and the trusted partnerships built with clients, regulators and market participants.

Supporting clients through market transformation

The awards reinforce Deutsche Bank’s position as a leading FX partner in Asia at a time of significant transformation in the region’s currency markets.

The bank said it continues to support clients with practical and innovative solutions, from helping shape the future of South Korea’s FX market to improving the way clients manage currency risk across Asia.

Foreign exchange markets across Asia are becoming increasingly electronic and globally connected.

Companies, investors and financial institutions require efficient access to liquidity, transparent pricing and robust risk management tools to manage currency volatility.

Deutsche Bank supports these needs through foreign exchange solutions, market infrastructure expertise and local presence across the region.

A non-deliverable forward, or NDF, is a foreign exchange derivatives contract used by investors and companies to hedge currency risk in markets where currencies are restricted or not freely deliverable offshore.

Instead of physically exchanging currencies at settlement, gains or losses are settled in a major currency such as the US dollar.

A Registered Financial Institution in South Korea is a foreign financial institution authorised to participate directly in the country’s foreign exchange market under South Korea’s market liberalisation framework.

RFIs help increase international participation and liquidity in Korean won trading.

Deutsche Bank said the awards demonstrate its ability to provide clients with access to liquidity, market expertise, risk management solutions and technology capabilities to help them navigate increasingly complex foreign exchange markets across Asia.

Media Contact:

Email: db.media@db.com
Media Relations hotline (24/7): +49 69 910-37777

SOURCE: Deutsche Bank