The TRADE is delighted to announce the first batch of shortlists for the upcoming Leaders in Trading New York Awards ceremony set to take place on 18 November at Chelsea Piers.
Today we reveal our survey awards, based on results from the TRADE’s Algorithmic Trading, Execution Management and Outsourced Trading Surveys for 2025.
Alongside these, The TRADE is excited to reveal the Editors’ Choice Awards for 2025, recognising excellence from across the entirety the capital markets industry, spanning exchanges, trading venues, technology and data vendor services and more.
Congratulations to all of our shortlisted nominees. Please contact Daljit Sokhi at daljit.sokhi@globalcustodian.com for sponsorship opportunities or to book a table for Leaders in Trading New York.
Algorithmic Trading Awards shortlists:
Best Trading Performance
Berenberg
Jefferies
UBS
Virtu Financial
Best Price Improvement Capabilities
Berenberg
Bernstein
Instinet
Virtu Financial
Best Customer Support & Consulting
Berenberg
Instinet
UBS
Virtu Financial
Best Dark Pool Capabilities
Bernstein
Jefferies
RBC Capital Markets
UBS
Best Provider – Large Clients
BofA Securities
Citi
Goldman Sachs
UBS
Best Provider – Multi-User Clients
Citi
Goldman Sachs
RBC Capital Markets
UBS
Best Provider – Hedge Funds
BofA Securities
Goldman Sachs
JP Morgan
Morgan Stanley
Best Provider
Berenberg
Instinet
UBS
Virtu Financial
Execution Management Systems Awards shortlists:
Best Market Access
FlexTrade
Neovest
SS&C Eze
Virtu Triton
Best Platform Reliability
Bloomberg
FlexTrade
Instinet Newport
Virtu Triton
Best Product Adaptability
LSEG TORA
Neovest
SS&C Eze
Virtu Triton
Best Multi-Asset Capabilities
Charles River
LSEG TORA
Neovest
Virtu Triton
Best Client Service – Large Clients
Bloomberg
FlexTrade
Instinet Newport
Virtu Triton
Best Provider – Hedge Funds
Bloomberg
LSEG TORA
Neovest
SS&C Eze
Best Provider – North America
FlexTrade
LSEG TORA
Neovest
Virtu Triton
Outsourced Trading Awards shortlists:
Best Provider – Coverage
Cantor Fitzgerald
JonesTrading
LSEG TORA
StoneX
Best Provider – Execution
JonesTrading
Marex Outsourced Trading
Meraki Global Advisors LLC
StoneX
Best Provider – Operations and Post-Trade
JonesTrading
Meraki Global Advisors LLC
Northern Trust
StoneX
Best Provider – Client Services and Relationship Management
Cantor Fitzgerald
Ediphy
Marex Outsourced Trading
StoneX
Best Provider – Global Overall
Cantor Fitzgerald
JonesTrading
Marex Outsourced Trading
StoneX
Editors’ Choice Awards shortlists:
Outstanding Equities Trading Venue
Cboe Global Markets
IEX
Intercontinental Exchange (ICE )
Nasdaq
Outstanding Fixed Income Trading Venue
Bloomberg
BrokerTec, CME Group
MarketAxess
Tradeweb
Outstanding Futures and Options Trading Venue
Cboe Global Markets
CME Group
Intercontinental Exchange (ICE)
Miami International Securities Exchange (MIAX)
Alternative Trading System of the Year
BIDS
Luminex
OneChronos
PureStream
Outstanding Post-Trade Services Provider
Broadridge
DTCC
FIS
OSTTRA
TCA Provider of the Year
QUODD Financial
S&P Global Market Intelligence
Trading Technologies
Virtu Financial
Outstanding Market Data Services Provider
Bloomberg
BMLL
FactSet
ICE Data Services
Outstanding Innovation in Fixed Income
AccessFintech
MarketAxess
Octaura
Trumid
FinTech of the Year
Marvelsoft
OmneNEST
Raptor
Saphyre
Sell-side Market Structure Excellence
Anna Ziotis Kurzrok, Jefferies
Gregg Berman, Citadel Securities
Jessica D’Alton, UBS
Rich Steiner, Piper Sandler
Proprietary Trading Firm of the Year
Hudson River Trading
Jump Trading
Tower Research Capital
XTX Markets