Awards

As interdealer brokers continued to push to extend their hybrid capabilities between voice and electronic platforms over the last year, sellsiders singled out ICAP’s efficiency in electronic trading and its role as a liquidity provider globally across all asset classes during heightened periods of volatility.

Amid global market uncertainty, the withdrawal of European players from Asia and flurry of bank downgrades, several financial institutions impress regional companies and banks more than ever. ASIAMONEY’s largest Cash Management Poll yet reveals which they are. Chien Mi Wong reports.

ASIAMONEY reveals the best local cash management providers in each country in the region, according to our corporate respondents.

ASIAMONEY reveals the best cash management providers, according to our financial institution respondents.

Nomura’s Asia Pacific House of the Year win shows that when doing business in the region, it pays to have a local pedigree, knowledge and a commitment to Asia.

Depth in research and execution and strength in structuring globally in vanilla and exotic products across all asset classes set UBS apart from its competitors in the retail and institutional structured product market over the last year. That, and its development of electronic trading platforms, helped the firm land the 2012 Structured Products House of the Year award from the editors of Derivatives Week/Derivatives Intelligence.

To say the markets over the last 12 months have endured periods of heightened volatility would be an understatement. Buysiders, as a result, sharpened their awareness and upped capital allocation to volatility products, whether through exchange-traded notes, exchange-traded funds, or bespoke indices linked to the VIX. Those buyers, including asset managers and pension funds, tagged Nomura as ahead of the competition for its innovation in volatility themed strategies, indices, funds and products. That helped the firm land the 2012 Volatility House of the Year award from the editors of Derivatives Week/Derivatives Intelligence.

The US bank is deemed most popular by financial institution clients, while Deutsche Bank tops the small and medium categories as voted by corporates

HSBC has been at the forefront of both developed and emerging fx market over the last year, particularly through driving the development and growth of the offshore renminbi market. It was behind the first CNH spot transaction and the first CNH option as well as getting more esoteric with the first structured note linked to CNH. These were the key factors in the firm landing the 2012 FX Derivatives House Of The Year award from the editors of Derivatives Week/Derivatives Intelligence.

The overall result for ASIAMONEY's 2012 Private Banking Poll.

In early spring 2011, UBS managers in New York put together an analysis on the regulatory impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on credit default swap trading. Later that spring, Paul Hamill, now a managing director of matched principal trading in New York, gave a presentation on what would eventually become the firm’s Price Improvement Network-Fixed Income. That platform is why the editors of Derivatives Week/Derivatives Intelligence have awarded UBS the 2012 Electronic Trading Platform Of The Year Award.