FXall still reigns
The portal's sucess spurred the company to extend its product portfolio to anonymous trading platform Accelor in February. Similarly, the company has launched a white-label service, which is already live with four institutions.
Most recently the platform introduced benchmark trading, which has been in demand by the larger asset managers and corporate customers.
The portal continued to rank in first place among banks and corporates but lost investor votes to electronic communications network
More on Awards
Best Asia FX spot house: UBS
Thanks to its significant investments to boost spot liquidity in Apac, UBS was able to continue quoting competitive prices throughout bouts of extreme volatility in the latter part of 2024 and first quarter of 2025
Best FX single-dealer platform for Asia currencies: UBS
UBS’s single-dealer platform, Neo, demonstrated its resilience throughout the market stress of the past year, providing exceptional FX liquidity to its clients in Apac across all currencies, including emerging markets pairs and precious metals
Best Asia FX derivatives exchange: SGX
Listed FX volumes continue to set records on SGX’s flagship contracts as market participants seek secure and cost-efficient sources of liquidity in an increasingly uncertain trading environment
Driving growth of FX services in Apac: HSBC
HSBC has become a key provider of global FX services in the Apac region
The go-to FX bank in Apac: HSBC
Leveraging its footprint to broaden its FX offering, HSBC provides clients with solutions to meet trading and hedging needs
FX house of the year Japan: MUFG
MUFG’s domestic success and growing onshore presence have strengthened the firm’s ambition to become an Asia powerhouse in FX
Best FX prime broker for Asia: NatWest
NatWest Markets’ prime brokerage solutions cater to a diverse and dynamic set of market participants
FX house of the year G10 (Asia hours): Wells Fargo
In just a few years, Wells Fargo’s FX volumes in Asia have strengthened and, with a robust FX product offering, the bank expects to onboard more clients eager for cross-currency swaps and customised pricing
