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EuromoneyFXnews.com Buy-side e-trading survey Choosing an execution venue, single-dealer
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| How many platforms do you utilise to execute? | ||||||
| Number of Platforms used SDP: | All |
<$10bn (turnover per annum) |
>$10bn (turnover per annum) | Banks (non market-making) | Corporate | |
| Only one | 29% | 33% | 29% | 28% | 43% | |
| Two | 22% | 33% | 10% | 22% | 14% | |
| More than two | 49% | 33% | 62% | 50% | 43% | |
| A third of respondents said that they had changed single dealer platforms within the last 12 months | ||||||
| All | ||||||
| Last month | 38% | |||||
| Last 3 months | 17% | |||||
| Last 6 months | 14% | |||||
| Last 12 months | 31% | |||||
| What factors are important when you choose an electronic venue? | ||||||
| All | ||||||
| Rank | Features/Reasons to use an SDP | Score | ||||
| 1 | Choice of counterparty/bank relationship | 124 | ||||
| 2 | Reliability/stability of platform | 77 | ||||
| 3 | Breadth of currencies | 70 | ||||
| 4 | STP/Integrated workflow | 46 | ||||
| 5 | Breadth of product algo tools/analytics/charting/online chat | 41 | ||||
| 6 | Pre-trade research | 17 | ||||
| 7 | Support/help desk | 16 | ||||
| 8 | Integrated workflow | 10 | ||||
| < US$10bn (turnover per annum) | ||||||
| Rank | Features/Reasons to use an SDP | Score | ||||
| 1 | Choice of counterparty/bank relationship | 47 | ||||
| 2 | Breadth of currencies | 35 | ||||
| 3 | Reliability/stability of platform | 26 | ||||
| 4 | STP/Integrated workflow | 23 | ||||
| 5 | Breadth of product algo tools/analytics/charting/online chat | 22 | ||||
| 6 | Support/help desk | 13 | ||||
| 7 | Pre-trade research | 10 | ||||
| 8 | Integrated workflow | 2 | ||||
| Features/Reasons to use an SDP | Score | |||||
| 1 | Choice of counterparty/bank relationship | 75 | ||||
| 2 | Reliability/stability of platform | 47 | ||||
| 3 | Breadth of currencies | 35 | ||||
| 4 | STP/Integrated workflow | 23 | ||||
| 5 | Breadth of product algo tools/analytics/charting/online chat | 19 | ||||
| 6 | Support/help desk | 4 | ||||
| 7 | Integrated workflow | 8 | ||||
| 8 | Pre-trade research | 3 | ||||
| Banks (non market making) | ||||||
| Rank | Features/Reasons to use an SDP | Score | ||||
| 1 | Choice of counterparty/bank relationship | 104 | ||||
| 2 | Reliability/stability of platform | 55 | ||||
| 3 | Breadth of currencies | 54 | ||||
| 4 | STP/Integrated workflow | 37 | ||||
| 5 | Breadth of product algo tools/analytics/charting/online chat | 32 | ||||
| 6 | Support/help desk | 12 | ||||
| 7 | Pre-trade research | 11 | ||||
| 8 | Integrated workflow | 10 | ||||
| Corporate | ||||||
| Rank | Features/Reasons to use an SDP | Score | ||||
| 1 | Choice of counterparty/bank relationship | 18 | ||||
| 1 | Reliability/stability of platform | 18 | ||||
| 3 | Breadth of currencies | 16 | ||||
| 4 | STP/Integrated workflow | 9 | ||||
| 4 | Breadth of product algo tools/analytics/charting/online chat | 9 | ||||
| 6 | Support/help desk | 3 | ||||
| 7 | Pre-trade research | 4 | ||||
