Categories

Categories

The FX Markets Asia Awards 2020 feature 14 submission-based awards and 17 voting-based awards.

 

Submission-based awards

Best FX clearing house

The winning entry in this category will show a viable long-term strategy, positioned for expected shifts in market structure, and true economic advantages for market participants choosing clearing. Initiatives targeting OTC-clearing will also be considered.

Best FX technology provider

This award will go to the business that can demonstrate its track record in delivering the best technology to the FX industry in the APAC region, 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. As the category covers a broad range of areas within the trade lifecycle, judges will look for best-of-breed solutions to pick the best in show.

Best G10 trading platform

This award will go to the platform that offers the best in the G10 space in APAC: high liquidity, low costs, pre-and post-trade services as well as analytics. Innovative solutions to prevalent issues such as credit and counterparty mix will be prioritised. Breadth of services, availability of choice to customers and transparency will also be taken into account.

Best EM trading platform

This award will go to the platform that offers the best in EM-focused services it offers to clients: high liquidity, low costs, pre-and post-trade services as well as analytics. Innovative solutions to prevalent issues such as credit and counterparty mix will be prioritised. Breadth of services, availability of choice to customers and transparency will also be taken into account.

Best FX post-trade provider

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 FX analytics provider

As industry participants across the spectrum push towards a best-execution driven world, TCA has become a topic of intense focus for both buy- and sell-side players. Having evolved from a relatively simple, price-driven methodology, the winner of this award will demonstrate a truly holistic approach to measuring execution quality.

Best FX Prime of Prime

In this category we are looking to select the best of breed provider of credit intermediation for smaller firms. Prime of prime providers can be brokers, clearers, platforms or banks. FX prime brokerage provided by banks will not be pitched against intermediation agents; this award will recognise the most comprehensive and satisfactory service provider in the prime of prime space.

Best Market Data Provider

Market data plays an essential role in the day-to-day functioning of FX markets and as such efforts to reduce costs involved and improve the quality and granularity of updates is crucial for a well-functioning market. This category will reward products that most successfully balance costs and benefits.

Best FX Aggregator

Accessing credit and liquidity has become harder and harder, despite the intensely competitive liquidity provision space. Aggregators that offer clients that best-possible liquidity will gain marks, especially if the offering extends to less-traded currencies such as EM units as well. The winning entry will demonstrate a long-term commitment to quality problem-solving for clients.

Best TCA provider

As industry participants across the spectrum push towards a best-execution driven world, TCA has become a topic of intense focus for both buy- and sell-side players. Having evolved from a relatively simple, price-driven methodology, the winner of this award will demonstrate a truly holistic approach to measuring execution quality.

Best Retail FX Platform

The retail FX business has weathered a few storms after years of uninterrupted growth. This award will recognize customer service, abundant information and fair trading.

Best buyside fx trading platform

No specific requirements

Best FX Settlement and risk mitigation solution

No specific requirements

Best FX ECN

No specific requirements

Voting-based awards

FX house of the year Australia

The category recognises the best domestic FX provider in Australia, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year China

The category recognises the best domestic FX provider in China, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year Hong Kong

The category recognises the best domestic FX provider in Hong Kong, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year Japan

The category recognises the best domestic FX provider in Japan, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year Malaysia

The category recognises the best domestic FX provider in Malaysia, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year Singapore

The category recognises the best domestic FX provider in Singapore, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year South Korea

The category recognises the best domestic FX provider in South Korea, with particular focus on the local currency coverage as well as regional strengths.

FX house of the year Thailand

The category recognises the best domestic FX provider in Thailand, with particularENTE focus on the local currency coverage as well as regional strengths.

Best FX liquidity provider

This award recognises reliable, consistent and highest-possible quality price providers in the Asia Pacific region. Liquidity providers of all types, including banks and non-banks, are invited to take part in this category that aims to select the best market maker counterparty in currency markets.

Best FX options house

This category will be won by the dealer that provides high-quality liquidity and pricing in FX options. Market share and quantitative differentiation will be rewarded.

Best FX swaps and forwards house

This category will be won by the dealer that provides high-quality liquidity and pricing in FX derivatives. Market share and quantitative differentiation will be rewarded.

Best FX spot house

This category will be won by the dealer that provides high-quality liquidity and tight pricing in spot FX markets. Breadth of coverage in terms of APAC  currencies and high-quality service will be differentiators.

Best NDF house

This category will be won by the dealer that provides high-quality liquidity and pricing in NDF markets. Electronic pricing capabilities and competitive liquidity provision in more exotic currencies will be an advantage.

Best FX exchange

This award seeks to identify the exchange that is most successful in offering clients efficiencies which cannot be obtained in OTC market places. Demonstrable volume growth and the frequency and popularity of new product releases are key factors.

Best execution algorithm provider

This award is for companies that provide algorithmic trading services to clients. The winner is able to provide innovative strategies that lead to a noticeable difference in overall execution outcome, particularly in Asian and emerging markets currencies.

Best e-FX trading house

This award will recognise significant improvements in e-FX trading in the Asia Pacific region, with a particular focus on execution capabilities.

Best FX prime broker

FXPB service providers play an absolutely vital role in currency markets. This award will acknowledge the contribution these institutions make to the health of the market, with particular focus on solutions that pioneer innovative ways of providing credit and access to markets, particularly in EM.

Thumbnail
Company profile

Bank of China (Hong Kong) Limited ("BOCHK") is a leading listed commercial banking group and the banknote issuing bank in Hong Kong. Firmly rooted in Hong Kong since 1917, BOCHK also acts as the ASEAN regional hub of Bank of China Group to build a financial artery in support of the national Belt and Road Initiative. BOCHK is committed to continue playing a vital role in Hong Kong's financial system stability by having the most extensive local branch network in Hong Kong, including approximately 200 branches, more than 250 automated banking centers and efficient e-channels of over 1,000 self-service machines.

BOCHK offers a comprehensive range of global financial products and advisory services to central banks, supranational institutions, sovereign funds, financial institutions, corporate and personal clients. With its distinct market position, BOCHK has been enjoying favorable credit rating and stable outlook by international rating agencies. BOCHK is named to have the most Digital Banking Initiative in Hong Kong by The Asian Banker 2018, this honour has been granted to the Bank for the third consecutive years in recognition of its outstanding position in Fintech development to provide quality banking services for its customers.

BOCHK is the sole RMB Clearing Bank in Hong Kong appointed by the People's Bank of China ("PBOC") since 2003 and the first CIPS Offshore Direct Participant since June 2016, which is recorded as the top of the RMB Clearing Bank in terms of settlement volumes among offshore platforms. Leveraging its professional expertise, comprehensive range of RMB services, and its close collaboration with Bank of China in the Mainland China, BOCHK is definitely the best choice for all RMB needs of customers globally -"A Century of Heritage. A New Era of Excellence".

Company profile

To succeed today, financial institutions require world-class solutions that integrate people, processes, information and technology for the front office, middle office and operations. Bloomberg Professional services – the Bloomberg Terminal® and our enterprise data management and integration services – provide real-time data, breaking news, in-depth research and powerful analytics to help financial professionals make smarter, faster and more informed decisions.

Bloomberg helps clients navigate the increasingly complex liquidity, regulatory and accounting disclosure landscape, with a diverse suite of solutions that combine high-quality data, unparalleled market analytics and best-in-class service. No matter the challenge, Bloomberg is a trusted partner for the journey through ever-shifting regulatory complexity.

Find out more here.

Company profile

About CIMB Group

CIMB Group is one of ASEAN's leading universal banking groups and is Malaysia's second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking, asset management and insurance products and services. Headquartered in Kuala Lumpur, the Group is now present in nine out of 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar and Laos). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM 60.3 billion as at 31 December 2017. The Group has around 38,000 employees located in 15 countries.

 

Thumbnail
Company profile

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest ratesequity indexesforeign exchangeenergyagricultural products and metals.  The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.  With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.

Thumbnail
Company profile

HSBC Global Markets offer sophisticated 24-hour coverage across our main trading and sales platforms in London, New York and Hong Kong, and we provide a wide range of solutions for our Corporate and Institutional clients. Our knowledge of local markets, coupled with HSBC's global reach, enables us to provide a comprehensive and bespoke service across every major asset class.
We provide access to Equities, Fixed Income including Credit and Rates, Foreign Exchange, Commodities and Prime Services, in addition to Research, across both developed and emerging markets.
As a global investor, by partnering with us you'll benefit from HSBC's local knowledge in over 60 countries, balanced by our understanding of global economics.
Find out more about our solutions or explore our thought leadership series on the Dealing Room of Tomorrow.

Thumbnail
Thumbnail
Thumbnail
Company profile

Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore.

SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.

Thumbnail