GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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GLOBAL DERIVATIVES AWARDS

The only derivatives awards recognising outstanding market participants from across Europe, Asia, and the Americas

Winners chosen by a pitch process

GLOBAL DERIVATIVES AWARDS

The only derivatives awards recognising outstanding market participants from across Europe, Asia, and the Americas

Winners chosen by a pitch process

Tabs
About the Awards
Awards process
Awards categories
2024 winners
Why sponsor
Why attend
The most prestigious derivatives awards in the industry
Intro

The Derivatives Awards recognise leading banks, brokers, service providers, law firms, exchanges, and other key players for their contributions to the derivatives market.

Uniquely, the winners are chosen by a two-step process: a nomination process to shape the shortlists, followed by a live pitch, in which shortlisted candidates present directly to GlobalCapital to make their case to win their award category.

Each year, two award ceremonies are held to celebrate achievements across the global derivatives market — one for Europe & Asia, and another for the Americas.

Each ceremony brings together more than 100 senior professionals to network and celebrate. The winners are revealed live at the ceremony, and the following day on the GlobalCapital website.

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Award timeline
2025 timeline

Nominations


February - March, 2025

Shortlist


April, 2025

Pitching


April - June, 2025

Ceremonies


September 11, 2025London September 24, 2025New York

Event partners
2025 Global Derivatives Gold event partners
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2025 Americas Derivatives Platinum event partner

GoldenTree is an employee-owned, global asset management firm that specializes in opportunities across the credit universe in sectors such as high yield bonds, leveraged loans, private credit, distressed debt, structured credit, emerging markets, real estate, private equity and credit-themed equities.

GoldenTree was founded in 2000 and is one of the largest independent asset managers focused on credit.

GoldenTree manages nearly $60 billion for institutional investors including leading public and corporate pensions, endowments, foundations, insurance companies and sovereign wealth funds.

2025 Americas Derivatives Gold event partners
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Our 2024 Highlights
2024 Global Derivatives Awards in numbers
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The Derivatives Awards focus on innovation, growth and work to improve the derivatives industry, as well as extraordinary effort on behalf of clients. The winners of the are chosen based on a two-stage process. In February, those active in the derivatives industry are invited to submit a written entry to put themselves forward for inclusion in the shortlists. Market participants are also given the opportunity to nominate other entities to be shortlisted.

Using these entries and nominations, alongside our own independent research, GlobalCapital will publish a shortlist of nominees for each category in April, from which the winner will be selected. Nominees are invited to pitch to win in each category throughout May and June.

When selecting this year’s winners and nominees, judges will be looking for examples of innovation, growth and work to improve the derivatives industry, as well as extraordinary effort on behalf of clients. Differentiation is key and your submission and pitch should demonstrate how you have stood out from your competitors in your performance, what you offer to clients, or in your strategy

Judges will also be interested in how organisations are future-proofing their businesses in relation to areas such as technology, regulation, market dynamics and ESG.

Before taking part, please ensure you have reviewed the full award guidelines below.

Drop downs
  • Nominations

    During the nominations period, organisations are invited to put themselves forward for inclusion in this shortlist. To this, they may either provide a short submission, or respond to our entry questions – detailing any notable developments over the awards judging period of April 1 2024 to March 31 2025.

    We also invite participants to nominate other entities. These can either be competitors, or other members of the derivatives ecosystem who have impressed over the year. For example, a bank may nominate a broker, or a law firm a bank. This is optional, but it is your opportunity to play a role in shaping the shortlist.

    These submissions and nominations will be used along with our own, independent research to create the shortlist. Those nominated will then be invited to pitch to win in their category.

  • Pitching

    Organisations included on the shortlist will be invited to pitch to GlobalCapital to win their category.

    Pitch meetings will last around 30 minutes, and organisations with multiple nominations are welcome to cover several categories in a single session. The awards cover the period from April 1, 2024 to March 31, 2025.

    Judging criteria:

    When evaluating nominations and pitches, judges will be looking for examples of:

    • Innovation, growth, and efforts to improve the derivatives industry.
    • Outstanding client service.
    • Clear evidence of how your organisation has differentiated itself from competitors through performance, strategy and product offering.
    • Efforts to future-proof the business, for example in areas such as technology, regulation and ESG.

    These criteria apply equally to both the nomination submissions and the pitch meetings.

The categories for the 2025 GlobalCapital Derivatives Awards have been carefully selected to reflect the latest industry trends, changes and key growth areas.

Awards categories are consistent for the Awards celebrating players across Europe and Asia, as well as the Americas.

While the awards categories remain consistent across regions, they are presented separately to highlight achievements and excellence within specific markets. This regional approach ensures more relevant and meaningful recognition for organisations operating globally and across the Americas.

Split of categories
Global Derivatives Awards categories
  • Bank Awards

    Global Derivatives House of the Year (no shortlist/pitches)


    Derivatives House of the Year: Europe & Asia (no shortlist/pitches)


    Equity Derivatives House of the Year: Europe & Asia


    FX Derivatives House of the Year: Europe & Asia


    Credit Derivatives House of the Year: Europe & Asia


    Interest Rate Derivatives House of the Year: Europe & Asia


    Structured Products House of the Year: Europe & Asia


    Commodity Derivatives Bank of the Year: Europe & Asia


    Research & Strategy House of the Year: Europe & Asia


    Clearing Bank of the Year: Europe & Asia


    Inflation Derivatives House of the Year: Europe & Asia


    Derivatives Risk Solutions House of the Year: Europe & Asia


    Volatility Derivatives House of the Year: Europe & Asia


    Custodian Bank of the Year
  • Law Firm Awards

    Global Law Firm of the Year – Overall (no shortlist/pitches)


    European Law Firm of the Year


    Asia-Pacific Law Firm of the Year
  • Exchange Awards

    Global Derivatives Exchange of the Year


    European Derivatives Exchange of the Year


    Asia Pacific Derivatives Exchange of the Year
  • Service Provider Awards

    Specialist Liquidity Provider of the Year – Europe & Asia


    Hedge Fund of the Year


    Data and Analytics Vendor of the Year – Europe & Asia


    Global Pricing and Valuation Provider of the Year


    Global Counterparty Risk Provider of the Year


    Global Market Risk Provider of the Year


    Regulatory Solutions provider of the Year


    Index Product Creator and Developer of the Year


    OTC Trading Venue of the Year


    Optimisation Service of the Year – Europe & Asia


    Placement Agent of the Year


    Derivatives Technology Provider of the Year


    Digital Asset Service Provider of the Year


    Weather Derivatives Service Provider of the Year
  • Broker Awards

    Global Interdealer Broker of the Year (no shortlist/pitches)


    Interdealer Broker of the Year – Europe & Asia
  • Other Awards

    Thought Leader in ESG


    Industry Association of the Year


    Digital Solution of the Year
Americas Derivatives Awards categories
  • Bank Awards

    Americas Derivatives House of the Year (no shortlist/pitches)


    Canada Derivatives House of the Year


    Latin America Derivatives House of the Year


    Americas Equity Derivatives House of the Year


    Americas Credit Derivatives House of the Year


    Americas FX Derivatives House of the Year


    Americas Interest Rate Derivatives House of the Year


    Americas Structured Products House of the Year


    Americas Commodity Derivatives bank of the Year


    Americas Research and Strategy House of the Year


    Americas Derivatives Clearing Bank of the Year


    Americas Inflation Derivatives House of the Year


    Americas Derivatives Risk Solutions House of the Year


    Americas Volatility Derivatives House of the Year


    Custodian Bank of the Year
  • Law Firm Awards

    Americas Law Firm of the Year – Overall (no shortlist/pitches)


    US Law Firm of the Year


    Canada Law Firm of the Year
  • Exchange Awards

    Global Derivatives Exchange of the Year

    Americas Derivatives Exchange of the Year
  • Service Provider Awards

    Americas Specialist Liquidity Provider of the Year


    Hedge Fund of the Year


    Americas Data and Analytics Vendor of the Year


    Americas Risk Management Advisory Firm of the Year


    Regulatory Solutions provider of the Year


    Index Product Creator and Developer of the Year


    OTC Trading Venue of the Year


    Americas Optimisation Service of the Year


    Americas Derivatives Clearing House of the Year


    Placement Agent of the Year


    Americas Swap Execution Facility of the Year


    Derivatives Technology Provider of the Year


    Digital Asset Service Provider of the Year


    Weather Derivatives Service Provider of the Year
  • Broker Awards

    Americas Interdealer Broker of the Year
  • Other Awards


    Thought Leader in ESG


    Industry Association of the Year


    Digital Solution of the Year
View the winners of the 2024 Global & Americas Derivatives Awards

Congratulations to all our nominees and winners! A huge thank you to everyone who contributed to the 2024 GlobalCapital Derivatives Awards through submissions and pitch interviews.

The 2024 winners represent the very best of the talent and innovation driving the global derivatives market forward.

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Split winners
The 2024 Global Derivatives winners
  • Bank Awards

    Global Derivatives House of the Year 
    Winner: BNP Paribas
    Derivatives House of the Year: Europe & Asia
    Winner: BNP Paribas
    Equity Derivatives House of the Year: Europe & Asia 
    Winner: BNP Paribas


    HSBC

    Natixis

    Société Générale
    FX Derivatives House of the Year: Europe & Asia 
    Winner: BNP Paribas


    Citi

    Deutsche Bank

    J.P. Morgan

    Natixis
    Credit Derivatives House of the Year: Europe & Asia 
    Winner: Barclays


    BNP Paribas

    Citi

    Deutsche Bank

    J.P. Morgan
    Interest Rate Derivatives House of the Year: Europe & Asia 
    Winner: Nomura


    BNP Paribas

    Natixis

    Société Générale
    Structured Products House of the Year: Europe & Asia 
    Winner: BNP Paribas


    Crédit Agricole CIB

    Natixis

    Société Générale
    Commodity Derivatives Bank of the Year: Europe & Asia 
    Winner: Natixis


    Bank of America

    Goldman Sachs

    HSBC
    Research & Strategy House of the Year: Europe & Asia 
    Winner: BNP Paribas


    Barclays

    UBS
    Clearing Bank of the Year: Europe & Asia 
    Winner: Barclays


    BNP Paribas

    Citi

    HSBC
    Volatility Derivatives House of the Year: Europe & Asia 
    Winner: Société Générale


    BNP Paribas

    Deutsche Bank
    Derivatives Risk Solutions House of the Year
    Winner: Santander


    BNP Paribas

    Société Générale
    Custodian Bank of the Year  
    Winner: Bank of New York Mellon


    BNP Paribas

    Citi

    Northern Trust

    State Street
  • Service Provider Awards

    Specialist Liquidity Provider of the Year – Europe & Asia 
    Winner: Citadel Securities


    Jump Trading

    Optiver

    XTX Markets
    Hedge Fund of the Year 
    Winner: GoldenTree Asset Management


    BlackRock

    Citadel

    ExodusPoint Capital Management

    Millennium Management
    Data and Analytics Vendor of the Year – Europe & Asia 
    Winner: Société Générale


    Fenics Market Data

    Numerix

    Parameta Solutions

    S&P Global
    Global Pricing and Valuation Provider of the Year 
    Winner: Numerix


    FinPricing

    Quantifi

    S&P Global

    Skylight IPV
    Global Risk Management Provider of the Year
    Winner: Quantifi


    Likezero

    Numerix

    OpenGamma

    Quantile

    S&P Global
    Regulatory Solutions Provider of the Year : Europe & Asia
    Winner: Acadia


    Droit

    JWG Group

    LSEG Post Trade – Regulatory Reporting

    Novatus Advisory

    OpenGamma

    Skylight IPV
    Index Product Creator and Developer of the Year 
    Winner: MSCI


    Bloomberg

    FTSE Russell

    S&P Dow Jones Indices

    Solactive
    OTC Trading Venue of the Year 
    Winner: Fenics Go


    Fusion

    OTCX

    Tradeweb

    Trad-X
    Optimisation Service of the Year: Asia 
    Winner: OSTTRA


    Capitalab

    Capitolis

    Quantile
    Optimisation Service of the Year: Europe
    Winner: Quantile


    Capitalab

    Capitolis

    OSTTRA
    Derivatives Clearing House of the Year: Europe & Asia 
    Winner: Quantile


    Capitalab

    Capitolis

    OSTTRA
    Placement Agent of the Year 
    Winner: Stone Mountain Capital


    Eaton Partners

    Evercore Private Funds Group

    PJT Park Hill
    Derivatives Technology Provider of the Year  
    Winner: Derivative Path


    Cassini

    Likezero

    Numerix

    Quantifi

    Transcend Street
    Digital Asset Service Provider of the Year  
    Winner: FTSE Russell


    Bosonic

    Compass Financial Technologies

    GFO-X

    Paxos Trust Company
    Weather Derivatives Service Provider of the Year  
    Winner: Parameter Climate


    CME Group

    Enel Global Trading

    Speedwell Weather

    TP ICAP
  • Broker Awards

    Global Interdealer Broker of the Year 
    Winner: TP ICAP
    Interdealer Broker of the Year: Europe & Asia  
    Winner: BGC Group


    TP ICAP
  • Law Firm Awards

    Global Law Firm of the Year 
    Winner: Latham & Watkins
    Asia-Pacific Law Firm of the Year  
    Winner: Clifford Chance


    A&O Shearman

    Ashurst

    King & Wood Mallesons

    Latham & Watkins

    Linklaters
    European Law Firm of the Year  
    Winner: Mayer Brown


    A&O Shearman

    Clifford Chance

    Latham & Watkins

    Linklaters
  • Exchange Awards

    Global Derivatives Exchange of the Year


    CME Group





    European Derivatives Exchange of the Year



    Eurex





    Asia Pacific Derivatives Exchange of the Year



    SGX Group
    European Derivatives Exchange of the Year 
    Winner: Eurex


    CME Group

    Euronext

    ICE
    Global Derivatives Exchange of the Year 
    Winner: CME Group


    CBOE Global Markets

    Eurex

    ICE
    Asia Pacific Derivatives Exchange of the Year 
    Winner: SGX Group


    Asia Pacific Exchange

    Bursa Malaysia Derivatives Berhad

    HKEX

    JPX
  • Other Awards

    Industry Association of the Year 
    Winner: ISDA


    FIA

    SIFMA
    Digital Solution of the Year 
    Winner: Marex Solutions


    Ascent RLM

    ION

    ISDA Digital Regulatory Reporting
    Thought Leader in ESG
    Winner: BNP Paribas
The 2024 Americas Derivatives winners
  • Bank Awards

    Americas Derivatives House of the Year
    Winner: Bank of America
    Canada Derivatives House of the Year 
    Winner: CIBC Capital Markets


    RBC Capital Markets

    TD Securities
    Latin America Derivatives House of the Year 
    Winner: Santander


    BBVA

    BNP Paribas
    Americas Equity Derivatives House of the Year 
    Winner: Bank of America


    Citi

    Morgan Stanley
    Americas Credit Derivatives House of the Year 
    Winner: Barclays


    Bank of America

    Citi
    Americas FX Derivatives House of the Year 
    Winner: Citi


    Bank of America

    J.P. Morgan
    Americas Interest Rate Derivatives House of the Year 
    Winner: Citi


    Bank of America

    J.P. Morgan

    Morgan Stanley
    Americas Structured Products House of the Year 
    Winner: Société Générale


    BNP Paribas

    J.P. Morgan
    Americas Commodity Derivatives Bank of the Year
    Winner: Bank of America


    Citi

    Morgan Stanley
    Americas Research and Strategy House of the Year 
    Winner: Bank of America


    Barclays

    Citi

    UBS
    Americas Derivatives Clearing Bank of the Year 
    Winner: Bank of America


    Barclays

    Citi

    Société Générale
  • Service Provider Awards

    Americas Specialist Liquidity Provider of the Year 
    Winner: Citadel Securities


    Headlands

    Jump Trading

    XTX Markets
    Hedge Fund of the Year  
    Winner: GoldenTree Asset Management


    BlackRock

    Citadel

    ExodusPoint Capital Management

    Millennium Management
    Americas Data and Analytics Vendor of the Year 
    Winner: Fenics Market Data


    ICE Data Services

    Numerix

    Parameta Solutions

    S&P Global
    Global Pricing and Valuation Provider of the Year 
    Winner: Numerix


    FinPricing

    Quantifi

    S&P Global

    Skylight IPV
    Americas Risk Management Advisory Firm of the Year 
    Winner: Derivative Path


    Adenza

    Bloomberg Professional Services

    Chatham Financial

    Promontory Financial Group
    Americas Regulatory Solutions Provider of the Year 
    Winner: Droit


    Acadia

    JWG Group

    LSEG Post Trade – Regulatory Reporting

    Novatus Advisory

    OpenGamma

    Skylight IPV
    OTC Trading Venue of the Year 
    Winner: Fenics Go


    Fusion

    OTCX

    Tradeweb

    Trad-X
    Americas Optimisation Service of the Year 
    Winner: OSTTRA


    Capitalab

    Capitolis

    Quantile
    Americas Derivatives Clearing House of the Year 
    Winner: CME Group


    LCH

    Nodal Clear

    OCC
    Derivatives Technology Provider of the Year  
    Winner: Derivative Path


    Cassini

    Likezero

    Numerix

    Quantifi

    Transcend Street
  • Broker Awards

    Global Interdealer Broker of the Year
    Winner: TP ICAP
    Americas Interdealer Broker of the Year 
    Winner: TP ICAP


    BGC Group
  • Law Firm Awards

    Global Law Firm of the Year
    Winner: Latham & Watkins
    Americas Law Firm of the Year
    Mayer Brown
    US Law Firm of the Year 
    Winner: A&O Shearman


    Cadwalader

    Cleary Gottlieb Steen & Hamilton

    Clifford Chance

    Latham & Watkins

    Mayer Brown
    Canada Law Firm of the Year 
    Winner: Stikeman Elliott


    Blakes Cassels & Graydon

    Borden Ladner Gervais

    McCarthy Tétrault

    Osler Hoskin & Harcourt
  • Exchange Awards

    Global Derivatives Exchange of the Year

    CME Group


    Americas Derivatives Exchange of the Year

    CME Group
    Global Derivatives Exchange of the Year 
    Winner: CME Group


    CBOE Global Markets

    Eurex

    ICE
    Americas Derivatives Exchange of the Year 
    Winner: CME Group


    B3 - Bolsa do Brasil

    CBOE

    Nasdaq

    Nodal
2024 Event partners
Sponsors
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Become a sponsor

Put your organisation at the forefront of the most prestigious celebrations in international derivatives market.

We offer tailored sponsorship opportunities designed to further elevate your organisation's positioning and visibility. Whether you're looking to build brand awareness, connect with key decision makers, or showcase your expertise, there's a sponsorship opportunity designed to meet your goals.

Please speak with a member of our team to find out which sponsorship opportunity best suits your organisation and to request pricing.

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Attend the most prestigious awards night dedicated to the derivatives industry

Each year, GlobalCapital holds two award ceremonies to celebrate achievements from across the global derivatives market — one for Europe & Asia, and one for the Americas.

  • Recognising market participants from across Europe and Asia —
    September 11, 2025 | London.
  • Recognising market participants from across the Americas —
    September 24, 2025 | New York.

Our Derivatives Awards ceremonies bring together more than 100 senior professionals from across the global derivatives industry for an evening of networking, recognition and celebration.

The awards ceremonies provide a fantastic opportunity to honour the brightest and the best within the industry and raise a glass to the winners.

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Our attendance packages

We offer three attendance packages: Platinum, Gold, and Associate, each providing varying levels of visibility and prestige.

Please speak with a member of our team to explore which package best suits your organisation and to request pricing. Limited seats available.

Attendee breakdown from the 2024 award ceremonies
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Contacts

Sponsorship & attendance


Jack Thomson, Head of Sales

jack.thomson@globalcapital.com

Awards enquiries


Ekta Kharat, Awards and Market Intelligence Research Analyst

Ekta.Kharat@globalcapital.com

Awards enquiries


Sara Leech, Director of Events and Commercial Content

sara.leech@globalcapital.com