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Best FX prime broker: JP Morgan

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JP Morgan’s Andres Choussy at FX Week USA

Foreign exchange prime brokers have had a lot to contend with over the past year. The move towards central clearing and reporting for certain FX products has focused attention on prime brokers as the business through which banks can build over-the-counter clearing services, not only to comply with new regulations but also, eventually, to generate revenue.

Through their pre-existing activities in the extension of credit to hedge funds, prime brokers have the best operational resources in place to

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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

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