VENUE FILE · filed 2026-09 · last re-checked 2026-09
Deutsche Bank FX (Autobahn) — the liquidity layer, one venue at a time
Deutsche Bank FX's Autobahn platform connects institutional clients with the interbank market, playing a crucial role in FX liquidity and market structure.
Deutsche Bank AG · Frankfurt am Main, Germany · evidence score 92/100
Licence, read on the register
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| BaFin + Deutsche Bundesbank | not verified | Germany | tier-1 | open source ↗ |
| FCA (Deutsche Bank AG) | 150018 | UK | tier-1 | open source ↗ |
| SEC/FINRA (BrokerCheck, Deutsche Bank Securities Inc.) | 8-17822 | US | tier-1 | open source ↗ |
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.
The claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
- 3testable claims
- 2venue-measured claims
- 0named data centres
- Autobahn is Deutsche Bank's next-generation FX trading platform (db.com press release, 23 Jul 2012)
- Autobahn FX is Deutsche Bank's primary trading platform connecting clients (investment funds, corporates, other banks) and venues (exchanges, ECNs) — Google Cloud customer story on Deutsche Bank infrastructure
- Deutsche Bank was founded in 1870 to accompany German companies abroad; over 150 years serving clients (db.com who-we-are)
Claims we cannot verify from outside
- Autobahn client-count and volume claims (self-measured)
- EUR 1tn-per-day e-trading commitment figure from 2012 press release (historical, self-measured)
Perimeter and coverage
| Asset classes | Venues | Connectivity | Clients accepted | Explicitly refused |
|---|---|---|---|---|
| FX spot, FX forwards, FX swaps, NDFs, FX options | FIX, REST/API, Autobahn FX platform | Banks, Investment funds, Corporates, Institutional investors | Retail clients |
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to assess than one that doesn't. The refusal list is treated here as disclosure, not as a defect.
What the desk watches next
The follow-up plan attached to this file — each item re-checked on a future pass, dated and kept falsifiable.
- Verification of self-measured volume claims
- Impact of age on operational capabilities