GlobalCapital's 2025 Global Derivatives Awards: the winners

Organisations from across the global derivatives market gathered at London’s Jumeirah Carlton Tower on September 11 to celebrate their achievements over the past year at GlobalCapital’s Global Derivatives Awards dinner.

This year’s awards once again showcased the innovation, resilience and client-first focus of firms operating across the derivatives industry, recognising the breadth of talent and expertise that drives it forward.

Bank of America claimed the title of Global Derivatives House of the Year, highlighting its strength and leadership in the market. It also won the Clearing Bank of the Year and FX Derivatives House of the Year: Europe & Asia awards.

BNP Paribas took the title of the Derivatives House of the Year: Europe & Asia in addition to the Derivatives Risk Solutions House of the Year: Europe & Asia. The French bank's client-centred approach, commitment to offering an integrated service, and its tailormade solutions shone through during pitching.

Meanwhile, its holistic approach to ESG made it the clear choice for this year's Thought Leader in ESG award.

Société Générale won the titles of Structured Products House of the Year and Volatility Derivatives House of the Year: Europe & Asia, in recognition of its depth of expertise and consistent delivery for clients.

This year’s winners reflect innovation, advocacy, and the ability to deliver value to clients in challenging conditions. The awards span all areas of the derivatives ecosystem — from banks and law firms to clearing houses and technology providers.

Demonstrating the strength of independent specialists, Stone Mountain Capital was crowned Placement Agent of the Year, while Marex took home Digital Asset Service Provider of the Year.

Citadel Securities continued to impress with its reach and liquidity provision, securing the trophy for Specialist Liquidity Provider of the Year: Europe & Asia.

Data and analytics continue to drive decision-making across the industry, with Fenics Market Data awarded Data and Analytics Vendor of the Year: Europe & Asia.

In the legal field, Clifford Chance stood out as European Law Firm of the Year while Latham & Watkins took the title for Asia-Pacific and Global Law Firm of the Year.

These awards recognised achievements in the period between April 1, 2024 and March 31, 2025. Organisations had to be adept at navigating changing market conditions to provide innovative solutions for their clients.

As always, the process of selecting winners was not an easy one. It combined market feedback, written submissions, and extensive pitching across more than 60 categories before an editorial panel made the final selections.

GlobalCapital would like to thank everyone who took the time to contribute to the awards through their submissions and pitch interviews.

Many thanks also to our event partners too. Without your support, these awards would not be possible.

Our congratulations go to all of this year's nominees and, of course, to our winners. The full list is below.

Click here to download a PDF of the winners.

If you have any queries about the Awards, please contact Ekta Kharat .

For information on commercial opportunities related to the Awards, please contact Jack Thomson.