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High-speed trading woes for Deutsche Bank?

Jan. 19, 2016 3:20 AM ETDeutsche Bank Aktiengesellschaft (DB) StockDBBy: Yoel Minkoff, SA News Editor1 Comment
  • Already troubled by lawsuits and official investigations, Deutsche Bank (NYSE:DB) is facing another challenge - it's about to be sued in British court for using high-speed trading software.
  • That lawsuit asserts the lender used a platform known as Autobahn to take advantage of millisecond changes in exchange rates to give clients worse prices than they were entitled to.
  • Deutsche Bank has denied the claims, saying "we disagree with the allegations and will be defending ourselves in court."

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