GlobalCapital's 2026 Americas Derivatives Awards: the winners

The Americas derivatives market got together on Thursday evening at New York's Metropolitan Club to celebrate the institutions that made an impact over the past year.

This year's Americas Derivatives Awards winners recognised achievement across the period April 1, 2025 to March 31, 2026 — a stretch in which volatility stemming from the Middle East, rising interest rates and a shifting geopolitical backdrop tested nearly every market participant.

Across 60 categories, over 100 institutions were shortlisted, and 90 pitch meetings were conducted over the course of this year's awards judging process. GlobalCapital is grateful to every organisation that took the time to meet us and make the case for their business.

If there was one thread running through this year's pitches, it was purpose. Firms were focused on solving client problems in real time, with hedging and liquidity solutions the common language of an industry navigating uncertainty. Picking winners from that field was no easy task. Below is just a flavor of the night's headline results. The full nominee shortlists and the winners can be found below.

The night belonged to Bank of America, which claimed both the Americas Derivatives House of the Year and the Global Derivatives House of the Year for good measure.

The bank also took home the titles for the Commodity, FX, Inflation, Equity and Interest Rate Derivatives House of the Year. The bank stood out for helping clients navigate real geopolitical and market disruption, from commodity supply shocks to currency volatility, while backing that resilience with deep structuring expertise and the scale to handle the market's most complex risks.

The night in photos can be seen below:

On the legal side, Mayer Brown extended its own run, becoming Americas Law Firm of the Year for a fifth consecutive year while also picking up US Law Firm of the Year — recognition for a firm that keeps positioning itself exactly where the market is heading next. Elsewhere, Santander made it three years running as Latin America Derivatives House of the Year, RBC Capital Markets was named Canada Derivatives House of the Year, and Borden Ladner Gervais took home Canada Law Firm of the Year.

Behind every one of these wins sat months of groundwork — market soundings, written submissions and wide-ranging pitches gathered from across the Americas derivatives landscape, all weighed carefully by our editorial panel before a single name was chosen. Thank you to everyone who gave their time through submissions and pitch interviews this year. And to all of this year's nominees and winners — many congratulations.

Finally, none of this would have been possible without the support of our event partners.

Platinum event partners

GoldenTree Asset Management: GoldenTree is an employee-owned, global credit asset manager founded in 2000 by Steven Tananbaum, with a footprint spanning high yield bonds, leveraged loans, private credit, distressed debt, structured credit, emerging markets, real estate, private equity and credit-themed equities. Now managing over $71bn for institutional investors — including major public and corporate pensions, endowments, foundations and insurance companies — it stands as one of the largest independent credit managers globally.

Bank of America: Bank of America is one of the world's largest financial institutions, providing banking, investing, asset management and risk management products and services to individuals, businesses, governments and institutions across more than 35 countries. Through its global markets division, it stands as one of the most active players in the derivatives space, delivering hedging, structuring and risk solutions across equities, rates, FX, commodities and credit to clients ranging from corporates to sovereigns.

Gold event partners

BBVA, OTCX, Numerix, RBC Capital Markets and Santander Corporate and Investment Banking

IMPORTANT: Event partnerships are entirely separate from the awards judging process. Event partners are approached only after the judging process has been completed and the winners have been determined. Partnership decisions are made independently and have no influence on the selection of nominees or winners.

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 Holly James.