Refinitiv Announces Winners of 2021 Thailand FX Awards

BANGKOK, THAILAND – Media OutReach – 12 March
2021 – Refinitiv, a business under the London Stock Exchange Group (LSEG), has
announced the winners of its FX Trading Awards 2021 for Thailand.

The FX Awards aim to promote transparency and
liquidity in the Thai foreign exchange market and to recognize its importance
to the broader Thailand economy. The award winners were determined based on
trading activity on
Refinitiv’s FX trading platforms throughout 2020.

Foreign exchange is the
world’s most-actively-traded asset class. Refinitiv was appointed as the Official Calculating
Agent for the Bank of Thailand’s transactions-based Thai Baht benchmark in 2019
to enhance Thailand’s FX and implied interest rate benchmarks, and better reflect
the growth and evolving nature of Thai financial markets. It recently reported the
average daily volume (ADV) of foreign exchange trading across its FX platforms
globally totalled US$457 billion in February 2021. Average daily volume for
spot trading was US$91 billion.

“We are delighted to celebrate the strong support we
have seen from the trading community in Thailand, and we would like to extend our
congratulations to all the winners recognised at the awards ceremony. Refinitiv
is firmly committed
to supporting the growth of FX markets, and will continue to work closely with
central banks, liquidity providers, and other market participants to promote
the development of robust and transparent capital markets and empower the
financial community in ASEAN and beyond,” said Nigel Fuller, Proposition
Sales Director, FX Trading, Asia, LSEG.

The 2021 Thailand
FX Award Winners are as follows:

 

• Best THB FX Data
  Contributor (THB Spot): CIMB Thai Bank PCL
• Best THB FX Data
  Contributor (Local Cross Currency): Bank of Ayudhya PCL
• Best THB Interest Rates
  Data Contributor (Interest Rate Swap): Bangkok Bank PCL
• Best THB Interest Rates
  Data Contributor (Money Market): Sumitomo
  Mitsui Banking Corporation, Bangkok Branch
• Best OIS Data
  Contributor: Kasikornbank PCL, Siam
  Commercial Bank PCL and Standard Chartered Bank (Thai) PCL
• Best USD/THB FX Bank: HSBC
• Best Foreign Currency FX
  Bank: CIMB Thai Bank PCL
• Best Bank – Refinitiv
  Matching: HSBC
• Best FXall Corporate
  Client: PTT Exploration and
  Production PLC

 

For
further information on Refinitiv’s FX solutions, visit here.