BNP Paribas' position at the forefront of the electronic foreign exchange (eFX) markets has won yet more industry recognition this week, as the bank's CORTEX trading platform won two top accolades from leading industry publication FX Week:
Our pioneering trading technology has continued to push the boundaries for forex market participants – and has now won industry plaudits as FX Week names BNP Paribas Most Innovative Bank eFX Trading Platform and Bank Algorithmic Trading Technology Provider of the Year.
- Most Innovative Bank eFX Trading Platform
Algorithmic Trading Technology Provider of the Year
FX Week's annual eFX Awards recognise the world's most advanced market participants in the electronic forex space, whether from banks, brokers, vendors or buy-side institutions. They put the spotlight on how innovation is the crucial differentiator in one of the most competitive and dynamic markets in the world.
"Our algorithms now give live feedback during execution, allowing clients to interact directly and adjust their strategy"
"Clients have become more sophisticated: they're asking more complex questions and now want more sophisticated tools to help them in their execution," explains Nick Hamilton, Head of EMEA eFX Sales at BNP Paribas Global Markets, speaking to FX Week. "They want to be able to see what is happening when an algo is running. They want real time feedback."