IBOS members KBC (Belgium) and Nordea (Finland and Norway) have been recognised as country winners for ‘The World’s Best Foreign Exchange Providers 2018’ at Global Finance’s Foreign Exchange Awards 2018.
As the foreign exchange (FX) market is becoming more competitive, the foreign exchange industry is embracing principles for a robust, fair and transparent market for currency trading without threat of law.
Global Finance selects its award winners based on factors such as transaction volume, market share, competitive pricing and global coverage. Criteria also includes factors such as technological innovation, using input from industry analysts, surveys, corporate executives and technology experts.
Technology has helped maintain a balance, and FX investors continue to increase their trading on multi-dealer platforms, such as financial end users, regulators and emerging dealers.
In Global Finance’s 18th annual World’s Best Foreign Exchange Providers Awards, it has selected winners in 104 countries and seven global regions. For the first time, Global Finance also feature the Best Banks for FX Trading Technology.
Read the full article via Global Finance here.