FX Markets Best Banks Awards 2020: The winners
Citi takes 12 categories, including best bank for FX; HSBC follows with six wins
FX Markets is delighted to announce the winners of the FX Markets Best Banks Awards 2020. The roll of honour can be found below. We would like to congratulate all of the firms on their achievements.
Now in their thirteenth year, the FX Markets Best Banks Awards were contested across 48 categories, covering all aspects of the foreign exchange market. Among the highlights, Citi has landed 12 wins, followed by HSBC with six awards. BNP Paribas, JP Morgan, NatWest Markets and UBS scored three wins each.
FX Markets thanks all this year’s participants for their time and help.
FX Markets Best Banks Awards 2020 – The winners
Product categories
- Best bank for FX: Citi
- Best bank for spot: JP Morgan
- Best bank for forwards/swaps: BNP Paribas
- Best bank for options: Deutsche Bank
- Best bank for NDFs: Citi
- Best bank for FX algos: BNP Paribas
Regional categories
- Best bank for Europe: BNP Paribas
- Best bank for North America: JP Morgan
- Best bank for APAC: HSBC
- Best bank for EEMEA: UBS
- Best bank for LatAm: Banco Santander
Currency pairs categories
- Best bank for EUR/USD: Citi
- Best bank for USD/JPY: Citi
- Best bank for GBP/USD: Barclays
- Best bank for AUD/USD: ANZ
- Best bank for USD/CAD: Bank of Montreal
- Best bank for USD/CNY: HSBC
- Best bank for USD/CHF: UBS
- Best bank for USD/HKD: HSBC
- Best bank for EUR/GBP: Barclays
- Best bank for USD/KRW: HSBC
- Best bank for USD/MXN: Citi
- Best bank for USD/BRL: Banco Santander
- Best bank for EM currencies: HSBC
- Best bank for frontier currencies: Citi
Infrastructure categories
- Best bank for e-trading: JP Morgan
- Best bank for FXPB: NatWest Markets
- Best bank for retail: Citi
- Best bank for large corporates: Citi
- Best bank for SMEs: NatWest Markets
- Best bank for regional/domestic banks: Standard Bank
- Best bank for research: Bank of America
- Best bank for post-trade services: NatWest Markets
- Best bank for TCA: Citi
- Best bank for client clearing: Citi
- Best bank for wealth management: UBS
- Best bank for transparency: Citi
- Best bank for sustainable finance: HSBC
- Best single-dealer platform: Citi
Services categories
- Best broker for spot: EBS
- Best broker for forwards/swaps: Refinitiv
- Best broker for options: BGC Partners
- Best broker for NDFs: EBS
- Best professional e-trading venue: Refinitiv FXall
- Best market data provider: Bloomberg
- Best prime-of-prime house: Saxo Bank
- Best clearing house: LCH
- Best vendor for dealing technology: 360T
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com
You are currently unable to print this content. Please contact info@fx-markets.com to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
More on Awards
Best FX post-trade initiative for Asia: LCH ForexClear
LCH expands FX clearing in Asia, reducing risk, capital pressures and operational complexity through innovative infrastructure
Best FX market data and analytics provider for Asian currencies: SGX FX
SGX’s TickNode has established itself as an institutional-grade market data and analytics offering for Asian FX markets
Overall FX house of the year ASEAN (Malaysia, Indonesia, Philippines, Thailand, Vietnam): MUFG
MUFG’s integrated franchise and its One MUFG philosophy have driven stronger client integration, expanded product coverage and clearer, analytics-led hedging for FX market participants
Best Asia FX spot house: UBS
UBS has strengthened its position in Asian spot markets, including during some of the most testing trading conditions of the past year
Overall FX house of the year: UBS
UBS's single-dealer platform gives clients the confidence to execute large electronic risk transfers during Asia session stress
Best FX single-dealer platform for Asia currencies: UBS
UBS’s NEO platform has become the go-to single-dealer gateway for Asia FX
Best FX liquidity aggregator for Asia currencies: Integral
Integral has closed the liquidity gaps in Asia’s FX and precious metals markets, expanding access to a diverse liquidity network, deploying a patented pricing methodology and growing its regional infrastructure at pace
FX house of the year Australia: Westpac Institutional Bank
Amid elevated volatility, Westpac enables clients to navigate execution and hedging challenges through expanded digital access and risk management innovation
