FX survey 2012: Results index

Overall market share
Spot/forward market share
Swap market share
Options market share
Overall most improved by volume

Market share by institution type

Non-financial corporations
Real money
Banks
Leveraged funds

Most improved volume by institution type

Non-financial corporations
Real money
Banks
Leveraged finance

Market share by region

Western Europe
North America
Asia
Middle East
Central and Eastern Europe
Latin America
Australasia

Qualitative rankings – Currency

Asian currencies
East European currencies
Latin American currencies
Middle Eastern currencies
Nordic and baltic currencies
African currencies

Qualitative rankings – Client service

Americas timezone
European timezone
Asian timezone

Qualitative rankings – Research

Research – G10
Research – Emerging Markets
Quantitative research
Flow research
Technical analysis

Qualitative rankings – Products

Vanilla options/First generation exotics
Emerging market options
Structured options/FX-linked products

Qualitative rankings – Trading

Currencies G10 trading – spot/forward
Currencies emerging market trading – spot/forward

E-trading – Overall

Overall e-trading market share
Multi-bank and independent platforms

E-Trading qualitative rankings

Algorithmic execution capabilities
Consistent pricing: G-10 spot/forward
Consistent pricing: Emerging market spot/forward
Options capabilities
Order book depth transparency
Research & analytical tools
Effective risk management tools

Multi-bank qualitative rankings

Speed of execution
Competitive pricing/transactional cost
Research and analytical tools
Effective risk management tools
Variety of dealers
Integrated workflow and compliance solutions

Related coverage

Against the flow
Every investment bank has spent huge investment dollars on FX since 2008. Now a shake out seems to be occurring. Banks with scale and budget are winning more share, but there are decent returns to be had for institutions of all sizes if they are focused

Flow monsters’ footprint deepens
The top five FX banks have increased their share of total market volume to 55%, and the top 10 banks now account for 78.5%. Citi has made the biggest strides in the top five, rising two places to second and closing in on Deutsche Bank’s long-established top spot

Citi homes in on Deutsche
Citi remains the FX bank with the most wind in its sails and is now breathing down the neck of top-placed Deutsche Bank

Morgan Stanley eclipses Goldman Sachs
The firm has moved up Euromoney’s FX rankings as it broadens its client base

Methodology

Tags Benchmarking Foreign Exchange Surveys and Awards Surveys Foreign Exchange Survey Index Page May-12