Best Execution

Deutsche Bank executes transactions in securities and other financial instruments on the basis of our principles for the execution of orders in financial instruments (hereinafter the “Order Execution Policy”).

The Order Execution Policy determines the execution channels and potential execution venues. The objective is to consistently achieve the best possible results for our clients and for the relevant types of financial instruments. Therefore, we take into account the price, costs, speed, likelihood of execution and settlement, size, nature, or any other consideration relevant to order execution.

To increase transparency related to executing client orders on trading venues, Deutsche Bank will summarize and make public on an annual basis the top five execution venues in terms of trading volumes. This is done on the basis of executed client orders in the preceding year and information on the quality of the execution obtained.

The following links provide Deutsche Bank’s Order Execution Policy, the Top 5 Trading Venues Report, and the Best Execution Quality Report (Note: The link to the Order Execution Policy (OEP) will be available from 1st January 2018 on and the Top 5 Trading Venues Report in the first quarter of 2018):

Order Execution Policy (OEP)

Top 5 Trading Venues Report