BofA, Reactive Markets pick up Risk.net awards
US bank wins FX house for performance during Liberation Day, while Reactive Markets takes OTC trading platform prize
Bank of America picked up the currency derivatives house of the year award in sister publication Risk.net’s annual awards on November 25, while Reactive Markets was named OTC trading platform of the year for its work in the foreign exchange space.
The selloff in the US dollar following the ‘Liberation Day’ tariff announcements was the standout story of the year, and BofA’s FX derivatives trading desk was well positioned to take advantage of the ensuing market volatility. In the months prior, it
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 structuring solution: Goldman Sachs
Goldman Sachs’ Visual Structuring tool streamlines FX options pricing and analysis, helping traders visualise complex strategies and react quickly to market volatility
Best single-dealer platform: Citi
Citi’s Velocity 3.0 proved its resilience and reliability during ‘Liberation Day’ turmoil, maintaining liquidity and performance
e-FX awards 2025 – the winners
Barclays, DB and State Street take two wins each, while Citadel, Citi, JPM and BNP also take top slots
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
