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Exane BNP Paribas
F
percent of managers doing business with Exane indicate
ounded in 1990, Exane Group is one of the main in-
they have US$50 billion or more in AUM.
vestment companies in Europe, specialising in cash eq-
Exane has the highest average score of all providers
uities, derivatives, and asset management. Headquartered
profiled (6.17) and ranks first across ten categories in
in Paris, the firm’s cash equities business operates under
this year’s survey: increased trader productivity (6.22),
the brand name Exane BNP Paribas (Exane). The group
execution consistency (6.20), speed (6.26), price
provides institutional investors with a range of
improvement (>6.00), customisation (6.34), ease
services, such as research, sales, and execution in
of use (6.34), data on venue/order routing logic
European equities. Additionally, it offers a full
Average
or analysis (6.19), execution consulting (6.09),
suite of trading products across high-touch
Score
flexibility and sophistication of smart order
trading, electronic trading, exchange-traded
routing (6.31) and algo monitoring capabil-
funds, and program trading.
ities (6.12). Additionally, Exane BNP Paribas
Exane ranks seventh among algorithmic
ranks second in customer support (6.33) and
providers in relation to the number of respons-
third in cost (5.96). The majority of categories
es, receiving 34 responses from long-only manag-
show improvements over last year’s rankings,
ers. Fifty-five percent of the 34 funds captured in
with an increase of 0.07 in Exane's overall
the survey results trade at least half of the value
average.
of their portfolio algorithmically. Forty-four
6.17
EXANE RATINGS FOR ALGORITHMIC PERFORMANCE
Increased trader
productivity Reduced market
impact Execution
consistency Cost Speed Anonymity Price improvement Customisation
6.22 5.95 6.20 5.96 6.26 5.91 6.00 6.34
Ease of use Data on venue/order routing
logic or analysis Customer
support Execution
consulting Dark pool
access Flexibility and sophistication of
smart order routing Algo monitoring
capabilities
6.34 6.19 6.33 6.09 6.32 6.31 6.12
KEY STATS
6.34 5.91 0.50 -0.49
Highest score
(ease of use) Lowest score
(anonymity) Most improved
(execution
consulting) Least improved
(anonymity)
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