Now in its 29th year, the Euromoney FX survey is the pre-eminent poll of foreign exchange service providers. More than 8,000 institutions took part in the 2007 survey. - Which banks have
boosted their market share... and how
?
- Whose
e-commerce investment is paying off
? - Which firms are considered the
best in research and analytics? - Which banks have the
greatest market share with non-financial corporates, institutions, banks and hedge funds?Premium Euromoney.com subscribers find out today.
Plus - read our analysis, with comments from some of the most senior foreign exchange bankers in the world. Discover how the top banks in the industry are adapting to new challenges and opportunities in this rapidly evolving market.
Just outside the top five, HSBC stands out as a major anomaly in the results. It does exceptionally well in most of the qualitative surveys yet it fails to convert this into market share. In fact HSBCs market share this year has fallen to 4.36% from 5.04%.
Results, detailed analysis, contributions from senior professionals at the leading global FX houses, plus a complete methodology, are available online now to subscribers only.
| 2007 |
2006 |
Bank |
Market share |
| 1 |
1 |
Deutsche Bank |
19.30% |
| 2 |
2 |
UBS |
14.85% |
| 3 |
3 |
Citi |
9.00% |
| 4 |
5 |
RBS |
8.90% |
| 5 |
4 |
Barclays Capital |
8.80% |
| 6 |
|
|
5.29% |
| 7 |
|
|
4.36% |
| 8 |
|
|
4.14% |
| 9 |
|
|
3.33% |
| 10 |
|
|
2.86% |
| 11 |
|
|
2.70% |
| 12 |
|
|
1.40% |
| 13 |
|
|
1.39% |
| 14 |
|
|
1.36% |
| 15 |
|
|
1.34% |
| 16 |
|
|
1.22% |
| 17 |
|
|
1.02% |
| 18 |
|
|
0.78% |
| 19 |
|
|
0.76% |
| 20 |
|
|
0.61% |
| 21 |
|
|
0.53% |
| 22 |
|
|
0.51% |
| 23 |
|
|
0.40% |
| 24 |
|
|
0.37% |
| 25 |
|
|
0.35% |
Categories include, but are not limited to:Market share Overall
By institution type
Non-financial corporations
Real money
Banks
Leveraged funds
By size of account Over $250bn
$100bn to $250bn
$25bn to $100bn
$10bn to $25bn
$5bn to $10bn
Less than $5bn
By region: Western Europe; North America; Asia; Middle East; Central and Eastern Europe; Latin America; Caribbean; Australasia; Africa
E-trading market share Proprietary platforms
Multi-bank and independent platforms
Most impressive approach
Who's best where in the European, American and Asian time zones?FX services Accountancy for derivatives
Overall back office
Treasury outsourcing
FX prime brokerage
Tax and legal
Structured FX-linked products
Strategic risk management
Research Most Innovative and original research
Short-term research (<3 months)
Long-term research (>3 months)
Emerging markets research and strategy
Behavioral and technical analysis
Options and volatility
Tailor-made research
Forwards
Major (G20) currencies
Emerging market currencies
One year or less
Over one year
Options Vanilla options
Trading strategy and new ideas
Consistent pricing
Exotic options
Trading strategy and new ideas
Consistent pricing
Structured FX option solutions
Most innovative hedging strategies
Best FX-linked products
Top ranked Japanese banks
Best for currencies: /$; /¥; /£; $/¥; $/£
Asian currencies
East European currencies
Latin American currencies
Middle Eastern currencies
Nordic and Baltic currencies
Australian dollar
Canadian dollar
Chinese yuan
Hong Kong dollar
Mexican peso
Russian rouble
South African rand
Single-bank online platforms As rated 'very good' or 'excellent' by customers
Speed of execution
Quality of pricing
Post-trade services
Research and analytics
Prime brokerage
Options services
Multi-bank online platforms As rated 'very good' or 'excellent' by customers
Speed of execution
STP
See more FX market coverage on euromoney.com