2012 Categories
Bank e-FX initiative of the year
Entries should focus on single initiatives that have been in operation for at least six months. The judges will be looking for creative responses to changing market conditions, coupled with quality of service and an innovative approach to e-FX. Clear evidence of the application of technical expertise should also feature in the entries, which must prove achievement against pre-determined targets.
Electronic broking initiative of the year - NEW for 2012
Open to brokers with a primary business targeted at the interdealer community. The award will be given to a company that can demonstrate true innovation in meeting customer needs and delivering high quality of service across all its FX activities as part of a broad strategic vision. This should be coupled with a proven track record of success, either in existing or new markets.
Vendor e-FX initiative of the year
Like the bank category, entries should focus on single initiatives that have been in operation for at least six months. The judges will be looking for creative responses to changing market conditions, coupled with quality of service and an innovative approach to e-FX. Clear evidence of the application of technical expertise should also feature in the entries, which must prove achievement against pre-determined targets.
FX options initiative of the year - NEW for 2012
FX options trading is changing fast as new regulations look set to mandate options to be traded on multibank electronic platforms and cleared through central counterparties. The past 18 months has seen the launch of a slew of initiatives from platform providers and clearing houses alike. This new award for 2012 will go to the options initiative that has had the most successful launch, and shows the most promise in the long term.
Best trading technology vendor
This award will go to the business that can demonstrate its track record in delivering the best technology to the FX industry and adapting its services to cater to changing market conditions. The winner will be able to show how the innovative products it has offered the market have set it apart from rivals.
Most innovative bank e-trading platform
The past year has seen a slew of new single-dealer platforms launched, as well as a number of upgrades to existing platforms, as banks seek to compete increasingly on user experience, as well as price, speed and currency coverage. This award recognises excellence in e-commerce among banks and will go to the slickest and most user-friendly platform with the most innovative and advanced functions.
Best FX prime broker - NEW for 2012
With the advent of mandatory central clearing for some foreign exchange products, FX prime brokerage has become increasingly important both for banks and their clients. This new award for 2012 will go to the bank that delivers the best FXPB offering and shows the most promise of being a trusted provider of post-trade clearing services for FX options and non-deliverable forwards.
Best post-trade services provider
The post-trade environment in foreign exchange is become far more important and complicated than it has ever been before, and all market participants will rely on the expertise and innovation of post-trade technology vendors to help them connect to clearing houses and trade repositories. This award will go to the vendor that has developed the best tools and infrastructure to provide excellent post-trade capabilities to the FX market, as well as a continuing appetite for innovation in changing market conditions.
Best professional e-trading venue
This highly competitive award will go to the platform that offers the best venue for counterparties to trade foreign exchange. Entries must clearly show what new innovations have been introduced and how the platform marks itself out from its competitors, as well as recent figures to prove performance.
Best algorithmic trading technology (bank)
Best algorithmic trading technology (vendor)
Algorithmic execution continues to gain traction in the foreign exchange market, with an increasing number of banks developing new algorithmic tools. The winner of these awards will be the companies that offer the best algorithmic trading solutions - both the bank and vendor categories will go to those firms that are ahead of the competition in terms of technology and the range of services delivered to clients.
Best retail platform
Forex is appealing to an ever growing retail customer base. From the hobby investor to the wealthiest of individuals, FX is an attractive asset class that offers an opportunity to diversify and deliver returns. This increased demand is being met by new companies keen to exploit this potentially lucrative business. The winner of this fiercely competitive award will prove how it has done most to deliver the best, most rounded margin FX trading offering to retail users.
Best e-FX platform for corporates - NEW for 2012
Where professional investors might once have been the drivers of change in e-FX, corporate treasurers are becoming gradually more sophisticated in their FX activity, demanding a specialised and targeted approach from their counterparties and technology providers. This new award for 2012 will go to the platform that has shown the most awareness of the unique needs of the corporate community and answered those needs with an innovative and tailored offering.
Best FX white label liquidity service
The bank that offers the best white-label and liquidity distribution will win this award. With a trend for banks to specialise in certain currency pairs, more are looking to source liquidity for areas in which they have less expertise. The winner of the award will show judges that their business is ahead of the competition in terms of the breadth and depth of its price offering to the market.
Best liquidity management system
With credit and liquidity at a premium, the need for a bank to deploy an effective system to manage the distribution of liquidity profitably across client segments is crucial. The winner of this category will demonstrate innovation in its ability to assess and analyse internal and external flows in real-time to generate bespoke pricing while managing risks for the bank.
Achievement award
This special award recognises outstanding personal contributions to the success and development of the e-FX industry. Previous winners have made an exceptional difference not only to their own organisation but also to the way in which foreign exchange is traded and processed.
London,
UK
