e-FX awards 2025 – the winners


















































e-FX awards 2025 – the winners – FX Markets



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Barclays, DB and State Street take two wins each, while Citadel, Citi, JPM and BNP also take top slots


FX Markets is proud to announce the winners of the e-FX Awards for 2025. The roll of honour can be found below – we would like to congratulate all the firms on their achievements.

The awards recognise firms that have proven themselves in electronic foreign exchange trading, whether that’s as a liquidity, prime brokerage and overlay provider; algo builder; trading venue; market infrastructure and software provider; or data vendor.

This year, the awards spanned 35

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Best Asia FX spot house: UBS

Thanks to its significant investments to boost spot liquidity in Apac, UBS was able to continue quoting competitive prices throughout bouts of extreme volatility in the latter part of 2024 and first quarter of 2025

Best FX single-dealer platform for Asia currencies: UBS

UBS’s single-dealer platform, Neo, demonstrated its resilience throughout the market stress of the past year, providing exceptional FX liquidity to its clients in Apac across all currencies, including emerging markets pairs and precious metals

Best Asia FX derivatives exchange: SGX

Listed FX volumes continue to set records on SGX’s flagship contracts as market participants seek secure and cost-efficient sources of liquidity in an increasingly uncertain trading environment



Read More: e-FX awards 2025 – the winners

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