This has been a year like no other for market participants. Operationally and socially, the derivatives market has faced challenges that we could never have imagined last September when we revealed the last winners of these awards at a gala dinner in London.
As with so many other events this year, a repeat of that celebration, with good food, flowing wine and singing waiters, was impossible to put together.
Although celebrating these awards in person was out of the question, so was the idea of abandoning them altogether. So many corners of the derivatives industry have responded to this coronavirus crisis with the resilience, innovation and desire to do better that we look to recognise with these awards.
In summer, we began consulting with the Street to determine the best nominees for each award. Then GlobalCapital met with those nominees to hear the stories of their business over the preceding 12 months. In each case, an editorial panel then selected the winners based upon examples of innovation, growth and working for betterment of the global derivatives markets. Finally, we decided the winners from an extremely competitive field by editorial panel.
Our congratulations to the winners and our thanks to all of the nominees, which contested each category so fiercely, and to our supporters for their engagement in these awards. Derivatives house of the year
Winner: Citi
Shortlisted: Bank of America, BNP Paribas, Goldman Sachs, JP Morgan, Morgan Stanley, Société Générale, UBS
Equity derivatives house of the year
Winner: Bank of America
Shortlisted: BNP Paribas, Citi, Goldman Sachs, JP Morgan, Morgan Stanley, Société Générale, UBS
FX derivatives house of the year
Winner: Citi
Shortlisted: Bank of America, Barclays, Goldman Sachs, HSBC, JP Morgan, UBS
Interest rate derivatives house of the year
Winner: BNP Paribas
Shortlisted: Bank of America, Citi, Goldman Sachs, JP Morgan, Natixis, Nomura
Credit derivatives house of the year
Winner: JP Morgan
Shortlisted: Bank of America, Barclays, BNP Paribas, Citi, Goldman Sachs, Natixis
Volatility derivatives house of the year
Winner: Nomura
Shortlisted: Citi, Goldman Sachs, JP Morgan, Morgan Stanley, Société Générale, UBS
Structured products house of the year
Winner: Credit Suisse
Shortlisted: Goldman Sachs, JP Morgan, Natixis, Nomura, UBS
Research and strategy house of the year
Winner: Citi
Shortlisted: BNP Paribas, Bank of America, Barclays, Goldman Sachs, Société Générale, UBS
Clearing bank of the year
Winner: Bank of America
Shortlisted: Credit Suisse, Citi, HSBC, JP Morgan, Morgan Stanley
Corporate solutions house of the year
Winner: HSBC
Shortlisted: BNP Paribas, JP Morgan, Morgan Stanley, Nomura, Société Générale
Corporate risk management team of the year
Winner: Enel
Shortlisted: Dell, Google
Risk management advisory firm of the year
Winner: Chatham Financial
Shortlisted: Rothschild & Co
Specialist liquidity provider of the year — overall
Winner: Citadel Securities
Shortlisted: Virtu Financial, XTX Markets
Specialist liquidity provider of the year — fixed income derivatives
Winner: Citadel Securities
Shortlisted: Jump Trading, Susquehanna International Group
Specialist liquidity provider of the year — equity derivatives
Winner: XTX Markets
Shortlisted: Citadel Securities, Virtu Financial
Specialist liquidity provider of the year — FX derivatives
Winner: XTX Markets
Shortlisted: Virtu Financial
Hedge fund of the year
Winner: Haidar Capital Management
Shortlisted: Citadel, Reminiscent Capital
Asset manager of the year
Winner: Amundi
Shortlisted: BMO Global Asset Management, BlackRock, State Street, Union Investment
Placement agent of the year
Winner: Stone Mountain Capital
Shortlisted: Eaton Partners, Park Hill Group
Global law firm of the year — overall
Winner: Linklaters
Shortlisted: Allen & Overy, Ashurst, Clifford Chance, Mayer Brown, Morrison & Foerster, Norton Rose Fulbright
European law firm of the year — regulatory
Winner: Clifford Chance
Shortlisted: Allen & Overy, Ashurst, Linklaters, Mayer Brown, Morrison & Foerster, Norton Rose Fulbright
European law firm of the year — transactions
Winner: Mayer Brown
Shortlisted: Allen & Overy, Ashurst, Clifford Chance, Linklaters, Morrison & Foerster, Norton Rose Fulbright
Asia Pacific law firm of the year — regulatory
Winner: Allen & Overy
Shortlisted: Ashurst, Clifford Chance, Linklaters
Asia Pacific law firm of the year — transactions
Winner: Clifford Chance
Shortlisted: Allen & Overy, Linklaters
Data and analytics vendor of the year
Winner: TP Data & Analytics
Shortlisted: Bloomberg, CME Data, Fenics Market Data, IHS Markit, Numerix
Risk management, pricing and valuation provider of the year
Winner: Numerix
Shortlisted: IHS Markit, TriOptima
Index product creator and developer of the year
Winner: MSCI
Shortlisted: Bloomberg, FTSE Russell, IHS Markit, S&P Dow Jones Indices, Stoxx
Regulatory solutions provider of the year
Winner: IHS Markit
Shortlisted: Bloomberg, Droit, Open Gamma
Interdealer broker of the year
Winner: TP ICAP
Shortlisted: BGC Partners, Tradition
Equity derivatives interdealer broker of the year
Winner: BGC Partners
Shortlisted: ICAP, Tradition, Tullett Prebon
FX derivatives interdealer broker of the year
Winner: Tullett Prebon
Shortlisted: BGC Partners, ICAP, Tradition
Interest rate derivatives interdealer broker of the year
Winner: ICAP
Shortlisted: BGC Partners, Tradition, Tullett Prebon
Credit derivatives interdealer broker of the year
Winner: Tullett Prebon
Shortlisted: BGC Partners, ICAP, Tradition
Winner: Tradeweb Markets
Shortlisted: Bloomberg, Fenics Global Options, ICAP, Tradition, Tullett Prebon
Compression service of the year
Winner: Quantile
Shortlisted: Capitalab (BGC Partners), TriOptima
Derivatives clearing house of the year
Winner: LCH
Shortlisted: CME Group, Eurex Clearing, ICE Clear
Global derivatives exchange of the year
Winner: CME Group
Shortlisted: Cboe Global Markets, Eurex, Interncontinental Exchange, Nodal Exchange
European derivatives exchange of the year
Winner: Eurex
Shortlisted: CurveGlobal Markets (LSEG), Intercontinental Exchange
Asia-Pacific derivatives exchange of the year
Winner: Singapore Exchange
Shortlisted: Hong Kong Exchange, Japan Exchange Group
