The pecking order of the top dealers across foreign exchange markets received a shake-up in the second edition of FX Market’s Dealer Rankings, with two out of three of last year’s victors losing their crown.
In the US mutual fund and exchange-traded fund (ETF) market, BNP Paribas (BNPP) claimed top spot for FX forwards, while Bank of America did the same in FX options. Morgan Stanley retained its position as highest-scoring dealer for US life insurers, a rare feat in these fluid markets.
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