2023 FX Results
2023 FX Results
Euromoney Foreign Exchange Awards
For over 44 years, The Euromoney Foreign Exchange Survey has stood as the most comprehensive representation of the wholesale FX market.
Euromoney’s Foreign Exchange Awards 2023 were published on 28 September, 2023.
The 2024 results will be published in September 2024.
2023 FX Results
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FairXchange’s mission lies in its name. It aims to create an open and transparent marketplace for all participants. Its independence and trusted, decentralised network mean that it is strongly positioned to facilitate the fair exchange of FX liquidity data.
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CLS settles over $6.5 trillion of payment instructions daily across 18 currencies, protecting more than 70 settlement members and over 35,000 third-party participants from FX settlement risk. It does this by simultaneously settling payments relating to FX trades using its payment-versus-payment (PvP) system.
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Commerzbank has forged longstanding relationships and established bilateral credit lines with clients in frontier markets that few other banks support. This allows those clients access to international markets and competitive FX pricing that they would otherwise struggle to access.
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Real-money clients recognise that their FX trading desks have evolved over the last few years to require a hybrid set of skills combining voice trading with data-driven technology solutions used to create automated trading models.