Six Swiss Exchange was named Exchange Group of the Year for the second year running in Financial News‘s 20th annual awards for the trading industry.
The Swiss bourse was again recognized for its acquisition of the Spanish stock exchange, which has bolstered its market share. It also launched a digital platform in November by issuing the world’s first digital bond on a fully regulated exchange.
The winners of the Excellence in Trading & Tech Awards 2022 were announced last night at a black-tie event at London’s One Marylebone. FN‘s awards are voted on by a panel of independent judge and senior editorial staff (see below for details).
Goldman Sachs picked up two prizes, for its equity trading business and as Best Firm for Market Structure and Execution Consulting. Its Wall Street rival, JPMorgan, was named Trading House of the Year.
Julia Hoggett, who heads the London Stock Exchange Group’s main equities trading market, was named Industry Personality of the Year. She took over the role shortly after LSEG completed its landmark deal for Refinitiv, marking a new era for the London bourse. Last year, she helped it achieve its best year for IPOs since 2007, raising almost £ 17bn.
She has also forged a path for LGBTQ + people working in the industry as the first openly gay person to head the LSE.
FN recognised Zar Amrolia’s achievements throughout his career with the Outstanding Contribution Award.
Amrolia forged a name for himself as co-head of foreign exchange at Goldman Sachs and then as global head of foreign exchange at Deutsche Bank. He joined XTX Markets as co-CEO when it was formed in 2015 and has been instrumental since in positioning it He is due to step down as co-head next year. As a challenger to the currency trading businesses of the large, global banks.
Other notable winners were Tradeweb, which has been named Best Fixed Income Trading Platform for several years running, and also won Trading Initiative of the Year for its Automated Intelligent Execution tool.
Komainu won in a new category — Blockchain Initiative of the Year — for its custody solution for digital assets. FN‘s judge noted that if successful, it could be a game-changer for the industry, which has struggled with the issue of safe-keeping of digital assets.
The panel was also impressed by the tie-up between FlexTrade, OpenFin and Turquoise for its collaborative efforts to improve the buyside trading desktop. The partnership won Financial Technology Initiative of the Year.
Here is a full list of 2022 winners:
Outstanding Contribution Award
Winner-Zar Amrolia, XTX Markets
Industry Personality of the Year
Winner –Julia Hoggett, London Stock Exchange
Runner up –Stephane Boujnah, Euronext
Exchange Group of the Year
Winner –Six Swiss Exchange
Runner up –Euronext
Trading House of the Year
Winner –JP Morgan
Runner up –Goldman Sachs
Financial Technology Innovation of the Year
Winner –FlexTrade / OpenFin / Turquoise partnership
Runner up –BNP Paribas
Trading Initiative of the Year
Winner –Tradeweb AiEX
Runner up –FX Hedge Pool
Post-Trade Initiative of the Year
Winner –Torstone Technology
Runner up –DTCC Report Hub
Startup of the Year
Best Firm for Market Structure and Execution Consulting
Runner up –JP Morgan
Blockchain Initiative of the Year
Best Fixed Income Trading Platform
Runner up –Market Axess
Best Equities Trading Platform
Runner up –JP Morgan
Best Crypto Trading Platform
Winner –LMAX Digital
Runner up –Coinbase
Best Foreign Exchange Trading Platform
Runner up –FXSpotStream
Securities Services Provider of the Year
Winner –State Street
Runner up –Citi
Data Provider of the Year
Winner –BMLL Technologies
Runner up –MSCI
Our awards judge were:
Emil Framnes, global head of equity trading and transition asset strategies, Norges Bank Investment Management
Christoph Hock, head of multi-asset trading, Union Investment
Suresh Kanwar, partner, Deloitte
Frederic Ponzo, managing partner, GraySpark Partners
Jeff Tjissen, global head of fintech, Bain & Co
Jeremy Chan, T & T correspondent, Financial News
Awards research by Madeleine Saghir, Alastair Odell and Clare Dickinson
To contact the author of this story with feedback or news, email Clare Dickinson