Trading's brightest and best honoured

Last night saw the very best in the industry honoured at The TRADE’s annual Leaders in Trading awards ceremony at the Savoy Hotel in London.

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Last night saw the very best in the industry honoured at The TRADE’s annual Leaders in Trading awards ceremony at the Savoy Hotel in London.

The event saw lifetime achievement awards handed out to two of the most recognisable figures in the business.

On the buy-side, Tony Whalley, head of derivatives and equity dealing at Scottish Widows, was awarded for his work as a non-executive director of BATS Chi-X Europe, where he has advocated best practice in trading, in addition to his work with Investment Management Association and London Stock Exchange institutional advisory groups.

The sell-side lifetime achievement award went to Seth Merrin, CEO and founder of Liquidnet, who has spent his career innovating on behalf of the buy-side. He set up Liquidnet in 1999, which today provides block trading capabilities to over 700 asset managers and has continued to evolve the offering with the recent acquisition of fixed income specialist Vega-Chi.

Prior to the ceremony, buy-siders got together to discuss key industry issues in two board room sessions, details of which will be published in the Q4 2014 issue of The TRADE magazine.

The TRADE would like to thank everyone who took part in the awards and our sponsors, London Stock Exchange Group, ITG, Linedata and Macquarie.

See below for the full list of award winners.

The Hall of Fame 

Buy-side lifetime achievement – Tony Whalley 

Sell-side lifetime achievement – Seth Merrin

Outstanding trading venue – BATS Chi-X Europe

Outstanding TCA provider – ITG

Outstanding market data provider – Markit

Outstanding technology vendor – Linedata

Buy-side Awards


Buy-side trader of the year – Michael Bellaro, Deutsche Asset and Wealth Management

Buy-side mid-cap trader of the year – Matt Tonge, Liontrust Asset Management

Buy-side trading desk of the year – AXA Investment Managers 

Buy-side multi-asset desk of the year – Candriam Investors Group

Buy-side project of the year – FIX Trading Community    

Buy-side post-trade project of the year – Franklin Templeton Investments

Algorithmic Trading Awards



Leading overall provider (long only)  J.P.Morgan

 Reducing market impact (long only) – J.P. Morgan

Reducing market impact (hedge funds) – UBS

Execution consistency – Morgan Stanley

Dark pool access – ITG

Price improvement (long only) – UBS

Price improvement (hedge funds) – Goldman Sachs

Smart order routing – Bank of America Merrill Lynch 

Ease of use (long only) – Deutsche Bank

Ease of use (hedge funds) – Morgan Stanley

Crossing – Liquidnet

Trader productivity (long only) – Credit Suisse

Trader productivity (hedge funds) – Instinet 

Costs and commissions – Goldman Sachs

Customer support – Bloomberg Tradebook

Anonymity (long only) – Citi

Anonymity (hedge funds) – J.P. Morgan

Speed and latency (long only) – Barclays

Speed and latency (hedge funds) – Bank of America Merrill Lynch 

Customisation – ITG

Execution consulting – Bank of America Merrill Lynch