7th December, 2016|William Mitting
The FOW 2016 International Awards' winners were announced at early December gala dinner in London
Download the awards brochure here.
Eurex Exchange was the big winner at tonight’s FOW International Awards taking home four awards including the coveted Global Exchange of the Year.
In addition to the global award, the German exchange won European Exchange of the Year, Proprietary Traders’ Exchange of the Year and Best Innovation by an Exchange for its ISA-Direct direct clearing offering.
CME Group scooped three awards: two Best New Contract awards for its BTIC suite and Ultra Treasury Future and Exchange of the Year, US and Canada.
Another big winner on the night was Abide Financial, which took home awards for Best New Product – Regulatory Reporting and Best Innovation by an ISV, Regualtory Change.
Michael Spencer, who built up ICAP into the world’s largest inter-dealer broker, was awarded the Lifetime Achievement Award.
Elsewhere, Fidessa took home the Best Trading System, Sell-Side for an impressive fifth year consecutive year following up its fourth consecutive win in that category in the FOW Awards for Asia.
Dash Financial won Best New Product, Trading and Execution for its Dash360 execution management tool winning the unanimous vote of judges in the most hotly contested category beating off 11 other entries for the award.
The FOW International Awards recognise the best performance in the cleared derivatives industry over the judging period, which runs from July to the end of June each year.
The awards are judged by a network of industry expects independent of the FOW team.
Over 300 people attended this year’s awards dinner, which followed the annual Derivatives World London: The Debates event.
A full list of winners, can be found below. To download the International Awards brochure, click here.
LIFETIME ACHIEVEMENT AWARD
Michael Spencer, ICAP
EXECUTIVE OF THE YEAR
Lance Uggla, Markit
GLOBAL EXCHANGE OF THE YEAR
Eurex Exchange
EXCHANGE OF THE YEAR
• US and Canada
CME Group
EXCHANGE OF THE YEAR
• South America
BM&F Bovespa
EXCHANGE OF THE YEAR
• Europe
Eurex Exchange
EXCHANGE OF THE YEAR
• Asia-Pacific
Singapore Exchange
EXCHANGE OF THE YEAR
• Middle East and Africa
Dubai Gold and Commodities Exchange
BEST TECHNOLOGY INNOVATION BY AN EXCHANGE
Eurex – ISA Direct
CLEARING HOUSE OF THE YEAR
• The Americas
OCC
CLEARING HOUSE OF THE YEAR
• Europe
LCH
CLEARING HOUSE OF THE YEAR
• APAC and MEA
LCH
US OPTIONS EXCHANGE OF THE YEAR
Bats/EDGX
BEST NEW EXCHANGE OR TRADING PLATFORM
Nasdaq Futures Exchange
MOST INNOVATIVE NEW CONTRACT
• Equities and equity indexes
CME Group – BTIC suite
MOST INNOVATIVE NEW CONTRACT
• Commodities and energy
London Metal Exchange – Steel scrap
MOST INNOVATIVE NEW CONTRACT
• Interest rates and currency
CME Group – Ultra 10 year treasury notes
PROP TRADERS’ EXCHANGE OF THE YEAR
Eurex
EXCHANGE DEAL OF THE YEAR
London Stock Exchange disposal of Russell Investments
SEF OF THE YEAR
Tradeweb
TRADE REPOSITORY OF THE YEAR
DTCC
BANK OF THE YEAR
SocGen
IDB OF THE YEAR
BGC Partners
NON-BANK FCM OF THE YEAR
RJ O’Brien
CLIENT CLEARING FIRM OF THE YEAR
Citi
MARKET MAKER OF THE YEAR
Citadel Securities
PROP TRADERS’ CLEARING FIRM OF THE YEAR
ABN Amro
BEST NEW PRODUCT
• Trade reconciliation
Duco
BEST NEW PRODUCT
• Blockchain
SETL
BEST NEW PRODUCT
• Post trade
Message Automation
BEST NEW PRODUCT
• Regulatory reporting
Abide Financial
BEST NEW PRODUCT
• Risk management
Rival Systems
BEST NEW PRODUCT
• Trading and execution
Dash360
BEST NEW PRODUCT
• Connectivity
Perseus
BEST NEW PRODUCT
• Collateral management
Cloud Margin
BEST NEW PRODUCT
• Market surveillance
Ancoa
TRADING SYSTEM OF THE YEAR
• Buy-side
Horizon
TRADING SYSTEM OF THE YEAR
• Sell-side
Fidessa
BEST INNOVATION BY AN ISV - REGULATORY CHANGE
Abide Financial
PROP TRADERS’ ISV OF THE YEAR
Trading Technologies