The TRADE is delighted to announce the winners of our inaugural Leaders in Trading New York awards, with the recipients honoured at a ceremony held last night at Chelsea Piers, New York.
More than 150 industry participants joined The TRADE to recognise the year’s leading individuals and firms within the industry, with awards handed out honouring the buy-side, sell-side, service providers, technology firms and venues.
The highly anticipated award for Trader of the Year – Long Only went to Chris Fiorito of River Road Asset Management. Meanwhile, the award for Trader of the Year – Hedge Fund was given to David Alfred of Conversant Capital.
Elsewhere within the buy-side category, Balyasny Asset Management took home the award for Trading Desk of the Year, while T. Rowe Price was awarded Fixed Income Trading Desk of the Year.
Rounding up the buy-side awards, Glenmede Investment Management’s Melissa Hinmon, was honoured with the Buy-Side Market Structure Expert of the Year award.
This year’s prestigious Lifetime Achievement award was handed to Janus Henderson’s global head of equity trading, Dan Royal, in recognition of his contributions to the industry, with a career spanning four decades.
The Editors’ Choice categories are always highly competitive, and the first year in the US proved no exception. Across the 11 awards, this year’s winners – as judged by The TRADE’s editorial panel – were all worthy given their achievements over the last year.
In the trading venues arena, MarketAxess and Miami International Securities Exchange (MIAX) each took home Outstanding Trading Venue awards, while Nasdaq was crowned overall Outstanding Exchange Group.
BMLL claimed the award for Outstanding Market Data Services Provider – Equities, while Bloomberg took home the same award but for Fixed Income. Elsewhere, Charles River collected the Outstanding Trading Technology Provider award.
Within the Algorithmic Trading and EMS categories – which are based on the results of The TRADE’s annual surveys – RBC Capital Markets and Liquidnet took home multiple awards.
RBC Capital Markets took home the Algorithmic Trading awards for both Best Price Improvement Capabilities and Best Provider, while Liquidnet bagged the awards for Best Dark Pool Capabilities and Best Provider – Large Clients.
Meanwhile in the EMS category, Virtu Triton was another double award winner, taking home the awards for Best Market Access and Best Product Adaptability. Also in the category, Instinet Newport took home the award for Best Provider – Large Clients.
This year, The TRADE celebrated 10 years of the Rising Stars of Trading and Execution initiative in Europe – a celebration of up-and-coming talent on the buy-side – and we were delighted to be extending the initiative to North America for the very first time!
Last night, our inaugural New York Rising Stars of Trading and Execution list consisted of:
Eric Brown, FX trader, T. Rowe Price
Alan Clymer, trader, Balyasny Asset Management
Zachary Goodwin, equity trader, BlackRock
Sarah Lambert, senior trader, Fidelity Investments
Nowara Munir, FX trader and strategist, MFS Investments
Congratulations to all of this year’s winners. We look forward to future years!
Algorithmic Trading Awards | Winner |
Best Trading Performance | Berenberg |
Best Price Improvement Capabilities | RBC Capital Markets |
Best Customer Support & Consulting | Instinet |
Best Dark Pool Capabilities | Liquidnet |
Best Provider – Large Clients | Liquidnet |
Best Provider – Multi-User Clients | UBS |
Best Provider | RBC Capital Markets |
EMS Awards | Winner |
Best Market Access | Virtu Triton |
Best Platform Reliability | Instinet Newport |
Best User Experience | Neovest |
Best Product Adaptability | Virtu Triton |
Best Multi-Asset Capabilities | Bloomberg EMS |
Best Provider – Large Clients | Instinet Newport |
Outsourced Trading Awards | Winner |
Provider of the Year | StoneX |
Coverage | JonesTrading |
Execution | Marex |
Operations and Post-Trade | State Street |
Client Service and Relationship Management | StoneX |
Editors’ Choice Awards | Winner |
Outstanding Exchange Group | Nasdaq |
Outstanding Fixed Income Trading Venue | MarketAxess |
Outstanding Futures and Options Trading Venue | Miami International Securities Exchange (MIAX) |
Crossing Network of the Year | OneChronos |
Outstanding Post-Trade Services Provider | The Depository Trust & Clearing Corporation (DTCC) |
TCA Provider of the Year | Abel Noser Solutions |
Outstanding Market Data Services Provider – Equities | BMLL |
Outstanding Market Data Services Provider – Fixed Income | Bloomberg |
Outstanding Innovation in Fixed Income | Trumid |
Outstanding Trading Technology Provider | Charles River |
Sell-side Market Structure Excellence | Sapna Patel, Morgan Stanley |
Agency Broker of the Year | Redburn Atlantic |
Innovation Awards | Winner |
Innovation in Pre- & Post-Trade Ops Solutions | Saphyre |
Buy-side Awards | Winner |
Trader of the Year – Long Only | Chris Fiorito, River Road Asset Management |
Trader of the Year – Hedge Fund | David Alfred, Conversant Capital |
Trading Desk of the Year | Balyasny Asset Management |
Fixed Income Trading Desk of the Year | T. Rowe Price |
Buy-Side Market Structure Expert of the Year | Melissa Hinmon, Glenmede Investment Management |
Lifetime Achievement | Dan Royal, global head of equity trading, Janus Henderson |