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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