(Bloomberg) -- UBS AG, the second-biggest foreign- exchange trader, is eroding the lead of Deutsche Bank AG in the $1.9 trillion-a-day currency market by boosting electronic trading, according to a survey by Euromoney magazine.
Frankfurt-based Deutsche Bank, Europe's biggest securities firm, had a 19.3 percent share of currency dealings between banks and customers, little changed from a year ago, the survey showed. UBS raised its share to 14.9 percent, from 11.9 percent.
Read more at Bloomberg Currencies News
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