The TRADE announces Leaders in Trading 2023 award winners - The TRADE (2024)

The TRADE is delighted to announce the winners of this year’s Leaders in Trading awards, with the recipients honoured at a ceremony held last night at The Savoy, London.

Almost 350 industry leaders joined The TRADE in a sold-out room to recognise the year’s leading individuals and firms within the industry, with 40 awards handed out across Buy-Side, Editors’ Choice, Algorithmic Trading, EMS, Outsourced Trading and Fintech categories.

Input for the coveted Buy-Side awards, awarded in partnership with SIX Swiss Exchange, was opened to the industry after a lengthy period of industry consultation prior. This year, the highly anticipated award for Trader of the Year went to Charlotte Nutting of Millennium.

BlackRock and Millennium took home the award for Trading Desk of the Year Long-Only and Trading Desk of the Year Hedge Fund, respectively. Meanwhile, T. Rowe Price and State Street Global Advisors received the awards for Multi-Asset Trading Desk of the Year and Fixed Income Trading Desk of the Year, respectively.

In another individual award recognition, Richard Worrell of Janus Henderson – soon to be LSEG – was honoured with the Buy-Side Market Structure Expert of the Year award.

This year’s prestigious Lifetime Achievement award for the buy-side was handed to Union Investment’s Christoph Hock, in recognition of his contributions to the industry, with more than three decades spent in trading and execution roles.

The Editors’ Choice categories are always highly competitive, and this year proved no exception. Across the 13 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, Liquidnet, Tradeweb and CME Group FX each took home Outstanding Trading Venue awards, while SIX Swiss Exchange was crowned overall Outstanding Exchange Group. BMLL Technologies claimed the award for Outstanding Market Data Provider, and elsewhere, BlackRock’s Aladdin collected the Outstanding Trading Technology Provider award.

This year, Saphyre was named FinTech of the Year 2023, in the category supported by Instinet.

Within the Algorithmic Trading and EMS categories – which are based on the results of The TRADE’s annual surveys –several firms took home multiple awards. BNP Paribas Exane won two honours from the Algorithmic Trading category: Best Trading Performance and Best Price Improvement Capabilities. BMO Capital Markets also received two awards in the algorithmic trading category, Best Access to Market, alongside Best Customer Support & Consulting. Meanwhile in the EMS category, Virtu Triton received two awards; Best Market Access and Best Large-Cap. Another double winner in the EMS category was TS Imagine, which took home awards for Best Platform Consistency and Best Multi-Asset Capabilities.

Prior to the Leaders in Trading awards dinner, The TRADE also recognised this year’s Rising Stars of Trading and Execution, 20 of the buy-side’s up and coming talents of the future. The ceremony for the Rising Stars marked the ninth annual event, with many of the previous year’s winners now earning nods within the Leaders in Trading categories.

Congratulations to all of this year’s winners: