Deutsche Bank AG has agreed to serve as the settlement agent for ITFex Ltd., a start-up company that is developing an online international trade finance exchange.

The German banking company will facilitate settlements and execute transfers between members of ITFex's namesake Web marketplace, which is to slated to become fully operational by the end of April.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.