Interview
Spotlight on Solid FX: the rise of streaming in size
Dutch firm sees 45% growth in demand for its NBLP arm, gaining benefits from its ability to price-in up to $30m clips
JP Morgan won't use non-bank liquidity providers in internal FX pool for now
The need for control and transparency, and the size of the franchise means the bank has no wish to add external liquidity
Best Liquidity Aggregation System: TraderTools
The technology provider has carved out a niche for itself among Tier 2 banks
Highly Commended for e-FX Initiative of the Year: R5FX
The electronic venue for emerging markets earns praise for its wide impact
e-FX Achievement of the Year: Jon Vollemaere
From Reuters D22 to R5FX via Currenex, Vollemaere gains recognition for a career in e-commerce
Best Retail FX Platform: Oanda
The broker's clean record and investment in technology earns it the top spot
Best FX Liquidity Provider and Most Innovative Liquidity Source: XTX Markets
The London-based market-maker emerges as a serious contender for the biggest share of FX
e-FX Initiative of the Year: Integral
The firm's internalisation and warehousing system, the FX Yield Manager, wins top prize
Bank e-FX Initiative of the Year: DBS Bank
"The idea is that any customer from Europe or the US can use DBS as a one-stop convenience bank for Asia" – Peter Soh
Best Prime-of-Prime Provider: ADS Securities
The broker's pure PoP model, allowing multiple liquidity providers, wins
Best Transaction Cost Analysis Provider: New Change FX
Independence and data security score a win for the firm as it rolls out TCA app
Best e-FX Distribution Platform: smartTrade Technologies
The ability to replace three or four vendors with one system earns votes
Best e-FX Software Provider: Fenics
Flexibility and a focus on Asia allows rapid expansion of client footprint
Most Innovative Bank e-FX Trading Platform: Citi
The US bank remains committed to Velocity as the main distribution channel for its clients
Best e-FX Trading Venue and Best FX Hedging Platform: Hotspot
Hotspot's quest for transparency, expansion, investment and reliable liquidity scores two wins for Bats Global Markets
Best Independent Algorithmic Trading Technology Provider: Tradepoint Systems
The transparency provided by the FX algo built by FX people wins over the sell side and regulators
Best e-Surveillance Solution Provider: b-next
The benchmark scandal fallout and MAR powers demand for surveillance and monitoring, despite the cost
Best Bank Algorithmic Trading Technology Provider: BNP Paribas
Fourth-generation algos provide access to the data the strategy uses during execution for maximum control
Best e-FX Platform for Corporates: 360T
360T says it understands corporates have peculiar needs and it remains focused on delivering solutions to meet them
Highly Commended for Best e-FX Software Provider: Broadway Technology
Trading heads say the level of flexibility and modest cost of the firm's products keeps them competitive
Best Trading Technology Vendor: FlexTrade Systems
Control of execution processes across asset classes, coupled with cross-asset TCA, wins over the judges
Best Post-Trade Services Provider: CLS TriOptima
While not even a year old, the partnered service has saved dealers more than $112 billion in notional exposure
BestX aims to become market standard for best execution
Plans to launch post-trade product on September 5 and pre-trade tool in January 2017
Symphony CEO: we help banks and regulators with compliance
Bank-backed messaging tool solves cyber-security and financial data-ownership issues