 |
Ranking rise: +5 |
Volume increase: +88% |
Kevin Connors, global head of FX sales at BofA Merrill, says: “We want to be a global resource for our clients. In the FX markets, that means being their eyes and ears, 24 hours a day. In doing so, we provide a combination of thoughtful global information and best execution to our clients. We’ve combined the previous complementary strengths of Bank of America and Merrill in each of corporate and institutional specialties and built a leading FX derivatives franchise. We now deliver our global and integrated platform more deeply to an expanded client base.”
View overall FX market share rankings
| Rising up the Euromoney FX overall rankings | ||||
| Top 10 risers in overall rating, 2011 to 2014 | ||||
| Bank | Rank change since 2011 | Market share change (%) | Volume change ($mln) | Volume change (%) |
| National Australia Bank | 25 | 0.43 | 1,012,005 | 694.3 |
| ANZ Banking Group | 22 | 0.52 | 1,205,097 | 725.6 |
| Westpac Banking Corporation | 10 | 0.6 | 1,534,418 | 241.3 |
| BBVA | 9 | 0.13 | 386,335 | 104.1 |
| State Street | 6 | 0.69 | 1,772,736 | 223.8 |
| Bank of America Merrill Lynch | 5 | 1.43 | 4,634,197 | 88.7 |
| Citi | 3 | 7.18 | 20,402,779 | 129.7 |