Profit & Loss Readers' Choice Awards 2017

PROFIT&LOSS

The 2017 Profit & loss

Readersâ&#x20AC;&#x2122; Choice Awards

AWARDS CEREMONY, NEW YORK, MAY 25, 2017

2017 Profit & Loss Readersâ&#x20AC;&#x2122; Choice Awards

Profit & Loss readers cast large numbers of votes this year for their preferred market makers and service providers. Last year was the first that we changed the category description from banks to market makers to account for the larger proportion of non-banks that now comprise an important part of market making, and this is again reflected in the results. The industryâ&#x20AC;&#x2122;s changing dynamics are starting to show. Voting, which spanned across time zones, was close in many categories, so we have listed the top three for each category to acknowledge the runners up.

Market Maker Awards

Service Provider Awards

Best Market Maker in Major Currencies 1. Citadel Securities 2. JP Morgan 3. XTX Markets

Best FX Prime Provider 1. INTL FCStone 2. Saxo 3. Invast Global

Best FX Multi-Dealer Platform 1. Currenex 2. Thomson Reuters FXall 3. FXSpotStream

Best Market Maker in Emerging Markets 1. HSBC 2. Standard Chartered Bank 3. JP Morgan

Best FX Voice Broker 1. TP Icap 2. BGC 3. Tradition

Best Liquidity Aggregation Platform 1. FlexTrade 2. Portware 3. Tradair

Best Market Maker in Commonwealth Currencies 1. JP Morgan 2. XTX Markets 3. Barclays/Citi

Best Market Maker in FX Options 1. UBS 2. BNP Paribas / JP Morgan 3. Citi Best Market Maker in FX Forwards 1. JP Morgan 2. Citi 3. Deutsche Bank Best Market Maker in NDFs 1. Citi 2. Deutsche Bank 3. Goldman Sachs

Best FX Prime Brokerage Bank 1. Citi 2. Deutsche Bank 3. BNP Paribas

Best FX Algo Execution 1. Credit Suisse 2. BNP Paribas 3. Bank of America Merrill Lynch

Best FX Broker-Dealer 1. Saxo 2. Newedge / INTL FCStone 3. RJ Oâ&#x20AC;&#x2122;Brien

Best FX Platform for Corporates 1. Thomson Reuters FXall 2. 360T 3. Currenex Best FX Platform for Hedge Funds 1. Currenex 2. HotspotFX 3. LMAX Exchange

Best FX Platform for Asset Managers 1. FX Connect 2. Thomson Reuters FXall 3. FastMatch Best FX Inter-Dealer Platform 1. EBS 2. Thomson Reuters 3. FastMatch

Best FX Margin Sector Platform 1. LMAX Exchange 2. Saxo 3. Oanda

Best FX ECN 1. FastMatch 2. EBS 3. Thomson Reuters

Best Order Management System 1. Barracuda FX 2. SmartTrade 3. TradingScreen Best Market Data Provider 1. Thomson Reuters 2. Bloomberg 3. Currenex

Best Post-Trade Provider 1. IHS Markit 2. Traiana 3. FX Connect Trade Services Best in Connectivity 1. MarketFactory 2. Lucera 3. IHS Markit

Innovator of the Year 1. BestX 2. MarketFactory Reflector 3. XTX X-Ray

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