From January, GlobalCapital began to consult with market participants on the firms that have excelled during 2019 and deserved to be on the nominee list for this year’s awards. Then, during February and March, we interviewed the candidates for each category to determine the winners.
The pitches that won told stories of innovation, nimbleness in challenging conditions and advocacy for the betterment of the derivatives markets. Despite many challenges facing the markets, we heard many more stories of excellence.
Our congratulations to the winners and runners up.
Americas Derivatives House of the Year
Bank of America Merrill Lynch
BNP Paribas
Credit Suisse
Citi (winner)
Goldman Sachs
JP Morgan
Morgan Stanley
UBS
Canada Derivatives House of the Year
Bank of Montreal
CIBC Capital Markets
RBC Capital Markets
TD Securities (winner)
Latin America Derivatives House of the Year
BBVA
BNP Paribas (winner)
JP Morgan
Santander
Equity Derivatives House of the Year
BNP Paribas
Citi
Credit Suisse
JP Morgan
Morgan Stanley
Société Générale
UBS (winner)
Citadel Securities
XTX Markets
Credit Derivatives House of the Year
Bank of America Merrill Lynch
Barclays
BNP Paribas
Citi
Credit Suisse (winner)
JP Morgan
Citadel Securities
FX Derivatives House of the Year
Barclays
Citi
Credit Suisse
HSBC
JP Morgan
UBS (winner)
Wells Fargo Securities
XTX Markets
Interest Rate Derivatives House of the Year
Bank of America Merrill Lynch
BNP Paribas
Credit Suisse (winner)
Goldman Sachs
JP Morgan
Société Générale
Citadel Securities
Structured Products House of the Year
BNP Paribas (winner)
Credit Suisse
JP Morgan
Morgan Stanley
Société Générale
UBS
Volatility Derivatives Bank of the year
BNP Paribas
Citi
Goldman Sachs
JP Morgan
Morgan Stanley
Société Générale (winner)
UBS
Research and Strategy House of the Year
Bank of America Merrill Lynch
Citi (winner)
Credit Suisse
JP Morgan
Société Générale
UBS
Derivatives Clearing Bank of the Year
Bank of America Merrill Lynch
Citi (winner)
Credit Suisse
Morgan Stanley
JP Morgan
Société Générale
Electronic Platform of the Year
Barclays (winner)
Credit Suisse
Citi
HSBC
JP Morgan
Morgan Stanley
UBS
Corporate Solutions Provider of the Year
Bank of America Merrill Lynch
Goldman Sachs
JP Morgan
Morgan Stanley
Société Générale (winner)
TD Securities
Wells Fargo Securities
Risk Management Advisory Firm of the Year
Chatham Financial (winner)
J.C. Rathbone Associates
PMC Treasury
Hedge Trackers
Derivative Logic
Specialist Liquidity Provider of the Year
Citadel Securities
Jump Trading
Susquehanna International Group
XTX Markets (winner)
Tower Research Group
Specialist liquidity provider — fixed income derivatives
Citadel Securities (winner)
Jump Trading
Susquehanna International Group
XTX Markets
Specialist liquidity provider — equity derivatives
XTX Markets (winner)
Citadel Securities
Virtu Financial
Specialist liquidity provider — FX derivatives
XTX Markets (winner)
Virtu Financial
Asset Manager of the Year
BlackRock
Eaton Vance
State Street (winner)
Vanguard
PIMCO
Fidelity
Hedge Fund of the Year
Bridgewater Associates
Citadel (winner)
Crescat Capital
DE Shaw
Haidar Capital Management
Renaissance Technologies
Two Sigma
Americas Law Firm of the Year — Overall
Allen & Overy
Cadwalader Wickersham & Taft
Davis Polk & Wardwell
Clifford Chance
Linklaters
Mayer Brown (winner)
Morrison & Foerster
US Law Firm of the Year — Regulatory
Allen & Overy (winner)
Cadwalader Wickersham & Taft
Clifford Chance
Davis Polk & Wardwell
Linklaters
Mayer Brown
Morrison & Foerster
US Law Firm of the Year — Transactions
Allen & Overy
Cadwalader Wickersham & Taft
Clifford Chance (winner)
Davis Polk & Wardwell
Linklaters
Mayer Brown
Morrison & Foerster
Canada Law Firm of the Year — Regulatory
Blakes Cassels & Graydon
Borden Ladner Gervais (winner)
Osler Hoskin & Harcourt
Stikeman Elliott
Canada Law Firm of the Year — Transactions
Blakes Cassels & Graydon
Borden Ladner Gervais
Osler Hoskin & Harcourt
Stikeman Elliott (winner)
Data and Analytics Vendor of the Year
Bloomberg
ICE Data Services
IHS Markit
NEX Data (CME Group formerly NEX Group)
Numerix (winner)
Tullett Prebon Information
Thomson Reuters
Risk Management, Pricing and Valuation Provider of the Year
ICE Data Services
IHS Markit (winner)
TriOptima (CME Group formerly NEX Group)
Numerix
Tullett Prebon Information
Index Product Creator and Developer of the Year
Bloomberg
FTSE Russell
IHS Markit (winner)
MSCI
S&P Dow Jones Indices
Stoxx
Thomson Reuters
Index Administration and Benchmark Services Provider of the Year
Bloomberg
IHS Markit (winner)
Intercontinental Exchange
S&P Dow Jones Indices
Thomson Reuters
Interdealer Broker of the Year
BGC Partners (BGC/GFI)
TP ICAP (winner)
Tradition
Equity Derivatives Interdealer Broker of the Year
BGC Partners (BGC/GFI)
Tullett Prebon (winner)
ICAP
Tradition
FX Derivatives Interdealer Broker of the Year
BGC Partners (BGC/GFI)
Tullett Prebon
ICAP (winner)
Tradition
Interest Rate Derivatives Interdealer Broker of the Year
BGC Partners (BGC/GFI)
Tullett Prebon
ICAP
Tradition
Credit Derivatives Interdealer Broker of the Year
BGC Partners (BGC/GFI)
Creditex
Tullett Prebon
ICAP (winner)
Tradition
Swap Execution Facility of the Year – Overall
NEX SEF (CME Group formerly NEX Group)
Tullett Prebon
ICAP (IGDL)
Tradeweb Markets (winner)
Tradition
TrueEX
Swap Execution Facility of the Year – CLOB
BGC
NEX SEF (CME Group formerly NEX Group)
Tullett Prebon
ICAP (IGDL)
Tradeweb DW
Tradition (winner)
Swap Execution Facility of the Year – RFQ
Bloomberg
Thomson Reuters
Tradeweb Markets (winner)
TrueEX
SEF Compression/Compaction Service of the Year
Bloomberg
Tradeweb Markets (winner)
trueEX
Compression Service of the Year
Capitalab (BGC Partners)
CME Group
LCH
TriOptima (winner)
Derivatives Clearing House of the Year
CME Group (winner)
ICE Clear
LCH
Derivatives Exchange of the Year
Chicago Board Options Exchange
CME Group (winner)
Intercontinental Exchange (ICE)