e-FX Awards: NatWest Markets – Best FX Prime Broker

The bank deliberately positioned its FXPB business to cater for high-touch clients

Bridge over gap between people
NatWest Markets is one of the few PBs to facilitate client-to-client trading

The foreign exchange prime brokerage (PB) landscape is very different from that of five years ago, with many well-documented drivers, such as regulatory changes, and one clear consequence: diversification.

While banks are looking at the same problems and challenges posed by regulatory changes, such as stricter capital rules, uncleared margin requirements and higher collateral charges, they are coming up with different solutions.

“The market has changed very materially from five years ago, when