Buy-side Perspectives Issue 4 - Page 25

INTRODUCING THE K & KGC BRAND RANKINGS

A regular update in each issue , giving you the latest brand rankings based purely on buy-side input . Please note , these figures are updated regularly ; to keep up to date , make sure to look out for your next issue of the Buy-side Perspectives , which will be published in the first week of July . The rankings feed directly into the K & KGC Buy-sider ’ s Choice Awards , which will take place in London on 3 November – so keep checking back to see if your brand
is listed . Good luck , and we look forward to awarding the winners ! See also our online directory , which lists the brands that are used by the buy-side .

Fixed income brand rankings 4th May 2016

Electronic bond liquidity initiatives
Europe ( Euro / GBP bonds ):
1 . Algomi Honeycomb 2 . Liquidnet Fixed income ( Vega-Chi ) 3 . Bloomberg ALLQ / X 4 . Tradeweb BondDesk 5 . Project Neptune 6 . Market Axess RFQ / Bloomberg BBX / Bloomberg AIM / EMSX 7 . MarketAxess all-to-all Open Trading 8 . MTS B2Scan 9 . Euronext BondMatch
US ( US $ bonds )
1 . Algomi Honeycomb 2 . MarketAxess RFQ / Liquidnet Fixed Income ( Vega-Chi ) 3 . Tradeweb BondDesk / Project Neptune 4 . Tradeweb US Corporate / MarketAxess all-to-all Open Trading
Bloomberg ALLQ / X / Boomberg AIM / EMSC 5 . MTS B2Scan
Asia ( Asian bonds )
1 . Bloomberg ALLQ / X 2 . Algomi Honeycomb 3 . Tradeweb BondDesk / Project Neptune / MarketAxess all-to-all Open Trading
Liquidnet Fixed Income ( Vega-Chi )/ HSBC Credit Place
Electronic bond initiatives for block trading
Europe ( Euro / GBP bonds ):
1 . Liquidnet Fixed Income ( Vega-Chi ) 2 . MarketAxess RFQ / MarketAxess all-to-all Open Trading
US ( US $ bonds )
1 . Liquidnet Fixed Income ( Vega-Chi ) 2 . Tradeweb BondDesk / MarketAxessRFQ / MarketAxess all-to-all Open Trading
Preferred broker
Europe ( Euro and GBP bonds ) Rates OTC
1 . Deutsche Bank 2 . Citigroup 3 . HSBC 4 . Barclays / BNP Paribas 5 . JP Morgan / Bank of America Merrill Lynch 6 . Société Générale 7 . Goldman Sachs / RBS 8 . Morgan Stanley / Natixis 9 . Royal Bank of Canada / Credit Suisse
Credit OTC
1 . JP Morgan / Citigroup 2 . Barclays / BNP Paribas /
Bank of America Merrill Lynch / Morgan Stanley 3 . Deutsche Bank / HSBC / Société Générale 4 . Goldman Sachs 5 . Natixis / Royal Bank of Canada / Credit Suisse
USA ( US $ bonds ) Rates OTC
1 . JP Morgan / Citigroup
Bank of America Merrill Lynch / Goldman Sachs 2 . Deutsche Bank / Barclays / Morgan Stanley 3 . HSBC / Royal Bank of Canada / RBS / Wells Fargo
Credit Suisse
Credit OTC
1 . JP Morgan / Citigroup 2 . Bank of America Merrill Lynch / Barclays
Morgan Stanley / BNP Paribas 3 . Deutsche Bank / HSBC / Société Générale 4 . Goldman Sachs 5 . RBC / Natixis / Credit Suisse
Asia ( Asian bonds ) Rates OTC
1 . HSBC / Citigroup 2 . JP Morgan / Barclays 3 . Deutsche Bank / Bank of America Merrill Lynch
Credit OTC
1 . HSBC / Citigroup 2 . JP Morgan 3 . Barclays 4 . Deutsche Bank / Bank of America Merrill Lynch
Morgan Stanley / Goldman Sachs / BNP Paribas

Foreign exchange brand rankings 4th May 2016

FX trading system – block trading
Asia
1 . 360T
Europe
1 . FX Connect
FX trading system
Asia
1 . Bloomberg FXGO 2 . 360T / FX Connect
Europe
1 . Bloomberg FXGO / FXall 2 . 360T / Deutsche Bank / FX Connect / Portware / UBS
FX TCA vendor
1 . ITG Analytics 2 . FXall / Elkins McSherry 3 . Bloomberg
FX mid and fixed fee broker
Europe
1 . JP Morgan 2 . State Street / Morgan Stanley / Deutsche Bank 3 . BNP Paribas / Citigroup / HSBC / RBS / UBS
FX data supplier Europe
1 . Portware / Reuters / Currenex / Deutsche Bank / EBS / Bloomberg / ITG
Please contact Elliott Holley eholley @ kandkgc . com telephone + 44 ( 0 ) 7759476779 or Kristian Karppi kkarppi @ kandkgc . com telephone + 44 ( 0 ) 7702 211490 for any comments or corrections .
June 2016 www . buysideintel . com
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INTRODUCING THE K&KGC BRAND RANKINGS A regular update in each issue, giving you the latest brand rankings based purely on buy-side input. Please note, these figures are updated regularly; to keep up to date, make sure to look out for your next issue of the Buy-side Perspectives, which will be published in the first week of July. The rankings feed directly into the K&KGC Buy-sider’s Choice Awards, which will take place in London on 3 November – so keep checking back to see if your brand is listed. Good luck, and we look forward to awarding the winners! See also our online directory, which lists the brands that are used by the buy-side. Fixed income brand rankings 4th May 2016 Electronic bond liquidity initiatives Europe (Euro/GBP bonds): US (US$ bonds) 1. 2. 3. 4. 5. 6. 7. 8. 9. 1. 2. 3. 4. Algomi Honeycomb Liquidnet Fixed income (Vega-Chi) Bloomberg ALLQ/X Tradeweb BondDesk Project Neptune Market Axess RFQ/Bloomberg BBX/Bloomberg AIM/EMSX MarketAxess all-to-all Open Trading MTS B2Scan Euronext BondMatch Algomi Honeycomb MarketAxess RFQ/Liquidnet Fixed Income (Vega-Chi) Tradeweb BondDesk/Project Neptune Tradeweb US Corporate/MarketAxess all-to-all Open Trading Bloomberg ALLQ/X/Boomberg AIM/EMSC 5. MTS B2Scan Asia (Asian bonds) 1. Bloomberg ALLQ/X 2. Algomi Honeycomb 3. Tradeweb BondDesk/Project Neptune/MarketAxess all-to-all Open Trading Liquidnet Fixed Income (Vega-Chi)/HSBC Credit Place Electronic bond initiatives for block trading Europe (Euro/GBP bonds): US (US$ bonds) 1. Liquidnet Fixed Income (Vega-Chi) 2. MarketAxess RFQ/MarketAxess all-to-all Open Trading 1. Liquidnet Fixed Income (Vega-Chi) 2. Tradeweb BondDesk/MarketAxessRFQ/MarketAxess all-to-all Open Trading Preferred broker Europe (Euro and GBP bonds) USA (US$ bonds) Asia (Asian bonds) Rates OTC Rates OTC Rates OTC 1. 2. 3. 4. 5. 6. 7. 8. 9. 1. JP Morgan/Citigroup Bank of America Merrill Lynch/Goldman Sachs 2. Deutsche Bank/Barclays/Morgan Stanley 3. HSBC/Royal Bank of Canada/RBS/Wells Fargo Credit Suisse 1. HSBC/Citigroup 2. JP Morgan/Barclays 3. Deutsche Bank/Bank of America Merrill Lynch Credit OTC 1. 2. 3. 4. Deutsche Bank Citigroup HSBC Barclays/BNP Paribas JP Morgan/Bank of America Merrill Lynch Société Générale Goldman Sachs/RBS Morgan Stanley/Natixis Royal Bank of Canada/Credit Suisse Credit OTC K[ܙ[]Yܛ\\^\Г\X\[و[Y\XHY\[[ [ܙ[[^Bˈ]]H[Аp]0H[\[B X[XK]^\ԛX[[و[YKܙY]Z\BK[ܙ[]Yܛ\[و[Y\XHY\[[ И\^\“[ܙ[[^KГ\X\Œˈ]]H[Аp]0H[\[B X[XKӘ]^\ܙY]Z\BܙY]’А]Yܛ\[ܙ[\^\‘]]H[И[و[Y\XHY\[[[ܙ[[^KX[XГ\X\‚ܙZYۈ^[H[[[ X^H MY[\[H8$Y[‘]\B\XBK ͌Y[\[B\XBKX\Œ ͌ іۛXKۛXH[܂]\BKX\і[ ͌ ]]H[іۛX ܝ\KP‚ZY[^YYH\]\BK[ܙ[]HY] [ܙ[[^K]]H[Œˈ\X\]Yܛ\ АԐP‚KU[[]XŒ[ [[X\BˈX\‚]H\Y\]\BKܝ\Kԙ]]\\[^ ]]H[PЛX\U‚X\H۝X[[^HZ^P[˘H[\ۙH MNM ͍H܈ܚ\X[\H\P[˘H[\ۙH M LML܈[H[Y[܈ܜX[ۜ˂[H M˘^\YZ[[ BB