Feature
HSBC retains EM and Asia-Pacific awards
HSBC wins best bank for emerging Asian and Emea currencies, as well as best bank for FX in Asia-Pacific
SuperDerivatives wins again in options pricing and risk management
Technology vendor launched a low-cost market data product at the start of this year that has seen greater success than it initially anticipated
Deutsche retains eight awards, despite low interest in eurozone FX
Slipping into second place this year, Deutsche Bank nonetheless retains eight awards, including in new categories such as best bank for FX for investors
Tullett Prebon retains forwards gong amid Sef chaos
The interdealer broker retains its hold on the forwards market, despite the disruption caused by the start of the Sef regime
Thomson Reuters investments pay off with three awards
Company wins best vendor for dealing technology and best broker for emerging markets, while FXall retains best professional e-trading venue
Standard Bank scoops inaugural rand award
A focus on market-making into as many liquidity pools as possible has won Standard Bank recognition as best bank for the South African rand
Bloomberg continues to deliver in FX market data
Best market data provider for FX goes to Bloomberg, as the vendor continues to invest in its foreign exchange trading and information services
BMO retains Canadian dollar award for a third year
A focus on growing its international presence as interest in the Canadian dollar comes from multiple geographies keeps Bank of Montreal in top place
Barclays keeps the lead in London and sterling crosses
UK bank remains best bank for FX in London, as well as GBP/USD and EUR/GBP, in this year's survey
LCH.Clearnet remains trusted provider for NDF clearing
LCH.Clearnet retains the award for best FX clearing house for the second successive year, having grown its cleared NDF volume and upgraded its risk management capabilities
SEB reclaims Scandi award after a one-year hiatus
The ongoing strength of the Swedish krona has been a challenge for Sweden's exporters, but SEB returns to form this year to win the award for Scandinavian currencies
GFI completes rise to first place in currency options
GFI Group rises from second place in last year's survey to win best broker for currency options
FX Week Forum: Central banks and FX reserves
In the latest in the FX Week Forum series, Joel Clark talks to Steven Saywell, global head of FX strategy at BNP Paribas, about trends in central bank reserve management and the IMF's latest set of reserves data
Political risk biggest challenge for Mena investors
Unable to predict the outcome of current turmoil in Syria and Egypt, investors have mixed outlooks for the Mena region over the coming months
CFDs gain reprieve from CVA threat
The reports of CFDs’ demise were greatly exaggerated, writes Michael Watt. Far from being killed off by the CVA charge, they have probably been saved by one of the clauses in the new rule
FX structurers take advantage of high-cost hedging in other asset classes
FX structurers are trying to tempt clients away from high-cost asset classes such as rates and credit by replicating the hedges on offer there through proxy instruments, but will buy-side participants trust the correlations to hold up when the worst…
Volcker rule curtailing FX liquidity, say buy-side participants.
Investors say foreign exchange market-makers are already trimming risk appetite ahead of the Volcker rule ban on proprietary trading in the US. But, while liquidity in emerging market and frontier currencies has suffered, other market participants…
FX Week Forum: Dodd-Frank and electronic platforms
In the second in a series of video features addressing key themes in the global FX industry, Joel Clark talks to Kathy Alys and Rob Mackenzie Smith about recent stories covering the Dodd-Frank Act's external business conduct standards and pricing on…
Corporates reluctant to add single-dealer platform connections
New electronic execution platforms for corporate clients face a challenge to win new business, with many firms preferring to minimise the single-dealer platforms they connect with
FX Week Forum: The challenges of clearing options
In the first in a series of video features addressing key themes in the global FX industry, editorial director Nick Sawyer talks to FX Week editor Joel Clark about the complex issues that have delayed central clearing of FX options
Most innovative bank e-trading platform: BNP Paribas
BNP Paribas developers looked outside the world of finance for inspiration when developing Cortex FX, and the new platform’s functionality has won widespread plaudits from clients
Best provider of FX clearing: Citi
Despite the challenges associated with clearing foreign exchange, Citi wins this award as one of the best-placed banks to succeed when it becomes mandatory
Best retail platform: Spotware Systems' cTrader
Spotware Systems wins the retail award having successfully launched a platform that challenges the dominance of MetaTrader in the retail market
Best FX white-label liquidity service: Saxo Bank
Saxo retains its lead in the white-labelling business, having seen particular traction with private banks over the past year