Deutsche sets up flow derivatives platform

The new Asia-Pacific sales platform will be run by Deutsche's Tokyo equity derivatives head.

Deutsche Bank has drafted in Mark Davis from its Tokyo office to manage the flow business on its regional equity derivatives desk. Davis, who was previously head of equity derivatives sales in Japan, will be responsible for running the new Asia-Pacific sales platform for listed, over-the-counter OTC and exotic equity derivatives products.

Turnover in equity markets is subdued at the moment, but the new position reflects a long-term trend, according to Noreddine Sebti, Deutsche's Asia head of equities. Creating a...

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