Awards
Citi bumps up awards tally to scoop eight categories
The launch in January of Velocity 2.0, the latest incarnation of Citi’s FX platform, has been a key driver of its success in a number of different areas this year, according to the bank’s FX management team
HSBC cleans up in emerging Asia and Emea
A strategic coverage in key emerging markets, coupled with its ongoing focus on onshore and offshore renminbi trading, has landed HSBC with a string of awards this year, including both emerging Asia and Emea
Deutsche Bank takes first place as volatile market calms
As volatility diminished substantially in 2012, Deutsche Bank has held onto its top position in the Best Banks survey and clinched six additional awards this year
ANZ continues expansion as Aussie dollar popularity rises
The Australian bank will soft launch its new collateral FX platform next month, ahead of a full roll-out scheduled for February
BMO holds Canadian dollar award for second year running
Bank of Montreal has been at the forefront of efforts to capitalise on the rising international interest in the Canadian dollar
Danske ends four-year hiatus to reclaim Scandi award
In addition to its natural focus on Scandi currencies, the Danish bank is seeking to expand its global footprint, particularly in emerging markets
Tullett Prebon holds lead in options and forwards
The interdealer broker is set to launch a new FX forwards platform as it continues to prepare itself for regulatory change
Photo gallery: FX Week USA and e-FX awards, July 2012
Photos and stories from the FX Week USA conference and e-FX awards cocktail reception, held in New York on July 10
Best professional e-trading venue: Hotspot FX
Hotspot FX wins the award for best professional e-trading venue for the second consecutive year - the only firm to do so in this year's awards
Best algorithmic trading technology (vendor): FlexTrade
FlexTrade Systems wins the vendor award for best algorithmic trading technology, having made significant progress in expanding FX market share over the past two years
Vendor e-FX initiative of the year: MarkitServ
MarkitServ's CCP Gateway product, which it brought to market in record time after winning an RFP in 2010, wins the e-FX initiative of the year award
E-FX Awards: Graduation of the class of 2000
Citi, JP Morgan, Saxo Bank, MarkitServ and Icap's Gil Mandelzis are among the winners of the 2012 e-FX awards, which recognise excellence and innovation in FX technology
FX options initiative of the year: GFI Fenics
GFI Fenics wins the inaugural e-FX award for FX options initiative of the year in recognition of the successful launch of Fenics Trader in 2011
Best FX prime broker: JP Morgan
JP Morgan wins FX Week’s first e-FX award for best foreign exchange prime broker, having set an emphasis on prudent risk management – both in its approach to high-frequency trading and to over-the-counter clearing
Bank e-FX initiative of the year: UBS
UBS wins the e-FX initiative award for its KPI reporting and analysis tool, which has filled a gap in the market and won plaudits from buy-side firms
Achievement award: Gil Mandelzis
Traiana’s co-founder and former chief executive wins the 2012 e-FX achievement award in recognition of his lasting contribution to the development of the industry over the past 12 years
Citi wins double whammy for algos and Velocity platform
A combined effort to enhance Citi's standing in e-FX lands the bank awards for best algo trading technology and most innovative bank e-trading platform
Best e-FX platform for corporates: Absa Capital
South African investment bank Absa Capital last year white-labelled Barclays technology to develop the Pace single-bank FX platform, which wins this new category in the e-FX awards
Electronic broking initiative of the year: Tradition-Icap
Foreign exchange options broker Tradition-Icap wins this new e-FX initiative award in recognition of its daily volatility fixing, which dealers see as a landmark development in the trading of volatility
Best post-trade services provider: DealHub
DealHub wins the award for best post-trade services provider as it continues to gain traction in the FX market, providing tailored cross-asset technology across the trade life cycle
Best trading technology vendor: Portware
Portware wins the award for best trading technology provider as its algorithmic and cloud capabilities gain increasing traction in the FX market
Saxo scoops retail and white-label awards
As it approaches its 20th anniversary, Denmark’s Saxo Bank wins both best retail platform and best FX white-label liquidity service
Best liquidity management system: smartTrade Technologies
SmartTrade Technologies wins the e-FX award for best liquidity management system, having gained increasing traction in the FX market with a number of large clients
Westpac: The ‘quantamental’ forecaster
In FX Week’s Currency Forecast Awards 2011, Westpac picked up awards for the accuracy of its 12-month forecasts on EUR/USD and its three-month forecasts on USD/CHF. Westpac’s Robert Rennie believes its success derives from a unique approach to foreign…