e-FX Awards: Citadel Securities – Best FX Flow Market Maker

Investment has been a major theme for Citadel Securities this year and the effort is paying off

kevin kimmel citadel securities
Kevin Kimmel, global head of e-FX at Citadel Securities

One of the main themes for Citadel Securities has been investment in its FX business. Since the start of the year, the US-based market-maker has initiated a major push into Europe and stepped up efforts to build out a disclosed-trading franchise by making senior hires in the region.

The build-out of the direct institutional client business in Europe is led by James Edwards, who joined Citadel Securities from JP Morgan earlier this year. On the other side of the Atlantic, Rashelle Salimi, former

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Asia FX Awards 2024: The winners

The FX Markets Asia FX Awards present 43 categories, determined by an esteemed judging panel comprising industry experts and FX professionals across Apac. They have paid attention to firms that brought unique and innovative ways to fulfil industry needs…

HSBC wins six Apac FX house of the year awards

With one of the strongest footprints in the Asia-Pacific region (Apac), HSBC provides international clients with an extensive local FX franchise while facilitating local clients’ access to international markets

Firms seek optimisation gains as UMR and SA-CCR bite

A wider range of market participants is taking advantage of service providers such as OSTTRA’s optimisation cycles to drive margin and counterparty credit risk efficiencies across asset classes including FX, rates, equities, commodities and credit

Best FX overlay manager: State Street

In the most challenging market environment in many years, demand for State Street’s currency management offering spiked in 2022 as market participants sought assistance in minimising their FX risk and optimising their hedging activities

Best settlement initiative: CLS

Created 20 years ago to mitigate FX settlement risk, CLS continues to lead the settlement sphere with new solutions designed to meet the challenges of an ever-evolving FX market

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