About the Euromoney rates survey
The survey provides an accurate proxy for trends in the major areas of activity polled and will accurately discern the relative performance of the banks ranked. The survey falls into two major sections.
PART 1 Quantitative
The first section is concerned with quantitative measures of overall market activity and banks relative markets shares. The key rankings are: Product ranking by market share: Respondents (consumers of rates products) are asked to give us their total notional volume by currency, product type (cash bond or IRS) and within maturity buckets: two-to-five years; five-to-10 years; 10+ years.
Respondents are asked to apportion the volumes to their top-five banks in the case of the G4 currencies and top-three banks for other currencies. Respondents can choose to respond to up to two G4 currencies and two other currencies. In the case of G4 inflation bonds or swaps, respondents only respond to one currency and assign volumes to top-three providers.
Currencies surveyed are: G4: USD; GBP; EUR; JPY; Others: MXN; CHF; KRW; BRL; AUD; CAD; ZAR; HKD; SGD
PART 2 - Qualitative
The second section is concerned with qualitative rankings of various aspects of the rates providers services.
See full methodology
A new Euromoney survey shows three established leaders have high market shares and plenty of rivals. Large banks, recovering from their own near-death experiences, have singled out rates as one of the first businesses to fight their way back into. Newcomers are pitching in too.