Deutsche Bank has established a Singapore-based trading desk to provide pricing and liquidity for the bank’s FX and commodity-linked structured products. Clifford Cheah, the bank’s head of global finance and foreign exchange, Asia (ex-Japan) says, “The growing popularity of structured products in Asia has driven investor demand for secondary market pricing and liquidity.” The bank’s secondary markets trading (SMT) desk is headed by Boris Zange who has transferred from Deutsche’s SMT desk in Frankfurt. He will be supported by the bank’s global SMT network and will rely on the bank’s FX options and commodities trading desks for pricing support, the bank says. He reports to Cheah for FX structured products and Sajid Javid, head of global credit trading, Asia (ex-Japan) for commodity-linked structured products. The SMT desk aims to give high net worth and institutional investors greater flexibility by ensuring daily liquidity for all related products distributed via Deutsche’s X-markets and other platforms.