| Overall Market Share | |||
| 2018 | 2017 | Liquidity Provider | %Market share |
| 1 | 2 | JPMorgan | 12.13% |
| 2 | 3 | UBS | 8.25% |
| 3 | 12 | XTX Markets | 7.36% |
| 4 | 4 | Bank of America Merrill Lynch | 6.20% |
| 5 | 1 | Citi | 6.16% |
| 6 | 6 | HSBC | 5.58% |
| 7 | 8 | Goldman Sachs | 5.53% |
| 8 | 5 | Deutsche Bank | 5.41% |
| 9 | 9 | Standard Chartered | 4.49% |
| 10 | 11 | State Street | 4.37% |
| 11 | 7 | Barclays | 4.09% |
| 12 | 10 | BNP Paribas | 3.31% |
| 13 | - | HCTech | 3.05% |
| 14 | 24 | Jump Trading | 2.38% |
| 15 | 14 | Societe Generale | 2.19% |
| 16 | 15 | Morgan Stanley | 2.16% |
| 17 | 19 | Commerzbank | 1.78% |
| 18 | 16 | Credit Suisse | 1.68% |
| 19 | 13 | NatWest | 1.48% |
| 20 | 21 | Citadel Securities | 1.19% |
| 21 | 18 | Credit Agricole | 1.09% |
| 22 | 17 | Nomura | 1.08% |
| 23 | 20 | RBC Capital Markets | 0.96% |
| 24 | 27 | Westpac Banking Corporation | 0.60% |
| 25 | 25 | MUFG Bank | 0.57% |
| 26 | 26 | SMBC | 0.56% |
| 27 | 23 | Alfa Bank | 0.52% |
| 28 | 32 | TD Securities | 0.48% |
| 29 | 35 | National Australia Bank | 0.47% |
| 30 | 22 | ANZ Banking Group | 0.45% |
| 31 | 45 | Bank of New York Mellon | 0.41% |
| 32 | 36 | Natixis | 0.36% |
| 33 | 30 | Saxo Bank | 0.33% |
| 34 | 41 | CIBC | 0.23% |
| 35 | 34 | ING Group | 0.20% |
| 36 | 50 | BBVA | 0.19% |
| 37 | 39 | Virtu Financial | 0.19% |
| 38 | 42 | SEB | 0.18% |
| 39 | 55 | Scotiabank | 0.15% |
| 40 | 60 | Landesbank Baden-Wurttemberg (LBBW) | 0.15% |
| 41 | 40 | Bank of Montreal | 0.14% |
| 42 | 48 | Santander Group | 0.13% |
| 43 | - | CCM Alpha | 0.11% |
| 44 | 44 | UniCredit | 0.10% |
| 45 | 38 | Commonwealth Bank of Australia | 0.10% |
| 46 | 46 | Danske Bank | 0.09% |
| 47 | 57 | Lloyds Banking Group | 0.08% |
| 48 | 43 | Zurich Cantonalbank | 0.08% |
| 49 | 54 | Raiffeisen Bank International | 0.08% |
| 50 | 28 | Mizuho Financial Group | 0.08% |
| Back to Top | |||
| Global Market share by Product | |||
| Spot/Forward | |||
| 2018 | 2017 | Liquidity Provider | %Market share |
| 1 | 1 | JPMorgan | 13.35% |
| 2 | 4 | XTX Markets | 9.55% |
| 3 | 5 | UBS | 6.89% |
| 4 | 3 | Bank of America Merrill Lynch | 6.77% |
| 5 | 7 | Goldman Sachs | 6.03% |
| 6 | 2 | Citi | 5.84% |
| 7 | 6 | Deutsche Bank | 5.56% |
| 8 | 8 | HSBC | 5.23% |
| 9 | 10 | Standard Chartered | 4.20% |
| 10 | - | HCTech | 3.96% |
| 11 | 9 | Barclays | 3.75% |
| 12 | 11 | State Street | 3.36% |
| 13 | 12 | BNP Paribas | 3.31% |
| 14 | 20 | Jump Trading | 3.08% |
| 15 | 14 | Morgan Stanley | 2.25% |
| 16 | 19 | Commerzbank | 2.16% |
| 17 | 15 | Credit Suisse | 1.76% |
| 18 | 16 | Citadel Securities | 1.54% |
| 19 | 13 | NatWest | 1.54% |
| 20 | 18 | Nomura | 1.36% |
| Back to top | |||
| Swaps | |||
| 2018 | 2017 | Liquidity Provider | %Market share |
| 1 | 3 | UBS | 12.99% |
| 2 | 10 | State Street | 8.06% |
| 3 | 2 | JPMorgan | 7.91% |
| 4 | 1 | Citi | 7.18% |
| 5 | 7 | HSBC | 6.73% |
| 6 | 13 | Societe Generale | 5.46% |
| 7 | 8 | Standard Chartered | 5.32% |
| 8 | 6 | Barclays | 5.30% |
| 9 | 5 | Deutsche Bank | 4.79% |
| 10 | 11 | Goldman Sachs | 3.78% |
| 11 | 4 | Bank of America Merrill Lynch | 3.73% |
| 12 | 9 | BNP Paribas | 3.27% |
| 13 | 15 | Credit Agricole | 2.65% |
| 14 | 16 | RBC Capital Markets | 2.29% |
| 15 | 36 | SMBC | 2.05% |
| 16 | 18 | Westpac Banking Corporation | 1.90% |
| 17 | 14 | Morgan Stanley | 1.77% |
| 18 | 27 | National Australia Bank | 1.38% |
| 19 | 17 | Credit Suisse | 1.37% |
| 20 | 12 | NatWest | 1.28% |
| Back to top | |||
| Options | |||
| 2018 | 2017 | Liquidity Provider | %Market share |
| 1 | 2 | Bank of America Merrill Lynch | 19.17% |
| 2 | 5 | JPMorgan | 10.57% |
| 3 | 6 | Standard Chartered | 9.53% |
| 4 | 4 | Citi | 8.56% |
| 5 | 9 | UBS | 7.82% |
| 6 | 11 | HSBC | 7.40% |
| 7 | 4 | Deutsche Bank | 7.29% |
| 8 | 8 | Societe Generale | 5.40% |
| 9 | 1 | Goldman Sachs | 5.23% |
| 10 | 10 | BNP Paribas | 4.29% |
| 11 | 14 | Morgan Stanley | 4.01% |
| 12 | 12 | Barclays | 3.90% |
| 13 | 17 | Credit Suisse | 1.81% |
| 14 | 7 | NatWest | 1.51% |
| 15 | 21 | Credit Agricole | 0.69% |
| 16 | 13 | Nomura | 0.46% |
| 17 | 19 | Natixis | 0.36% |
| 18 | 16 | MUFG Bank | 0.32% |
| 19 | 24 | Zurich Cantonalbank | 0.20% |
| 20 | 38 | ANZ Banking Group | 0.15% |
| Back to top | |||
| Emerging Market currencies | |||
| 2018 | 2017 | Liquidity Provider | %Market share |
| 1 | 1 | Standard Chartered | 10.42% |
| 2 | 2 | JPMorgan | 9.41% |
| 3 | 4 | XTX Markets | 8.88% |
| 4 | 6 | HSBC | 7.06% |
| 5 | 3 | Citi | 6.73% |
| 6 | 5 | Deutsche Bank | 6.48% |
| 7 | 8 | UBS | 6.23% |
| 8 | 7 | Bank of America Merrill Lynch | 5.23% |
| 9 | 11 | State Street | 5.01% |
| 10 | 10 | Goldman Sachs | 4.59% |
| 11 | 9 | Barclays | 3.39% |
| 12 | 14 | BNP Paribas | 3.04% |
| 13 | 12 | Societe Generale | 2.84% |
| 14 | 39 | SMBC | 2.31% |
| 15 | 16 | Morgan Stanley | 2.11% |
| 16 | 17 | Credit Suisse | 1.71% |
| 17 | 18 | Credit Agricole | 1.14% |
| 18 | 62 | Jump Trading | 1.11% |
| 19 | 24 | Nomura | 1.11% |
| 20 | 20 | Commerzbank | 1.07% |
| Back to top | |||