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 industry’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.
Service Provider Awards
Best FX Prime Provider
1. INTL FCStone
2. Saxo
3. Invast Global
Best FX Broker-Dealer
1. Saxo
2. Newedge / INTL FCStone
3. RJ O’Brien
Best FX Voice Broker
1. TP Icap
2. BGC
3. Tradition
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 Multi-Dealer Platform
1. Currenex
2. Thomson Reuters FXall
3. FXSpotStream
Best FX ECN
1. FastMatch
2. EBS
3. Thomson Reuters
Best Liquidity Aggregation Platform
1. FlexTrade
2. Portware
3. Tradair
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
