Deutsche Bank will operate global prime finance and electronic equities until clients can be migrated.
Investors could save nearly £1bn over five years due to unbundling.
Technology can shed light on an age-old grey area, Fonetic COO writes.
Buy- and sell-side traders need to process more data than ever before.
Deutsche Bank is one of two foreign banks operating in China to receive approval for this licence.
The firm provides a microservices framework for capital markets.
The last major aspect of Senior Managers and Certification Regime takes effect in December.
The trading and pricing engine will go live in early 2020.
The new licence will be extended to non-bank players.