And The Winners Are....! Forex Magnates 2013 Award Ceremony Results

Anticipation filled the atmosphere this evening at the Grange Hotel in London's financial district as 750 of the most influential figures in the FX industry awaited the results of the award ceremony at the 2013 Forex Magnates Summit.

Benchmarks by which companies across all sectors of the FX industry can be judged are important to all participants, therefore Forex Magnates finalizes this year's order of events with the presentation of awards for firms operating in fifteen categories, presented by Forex Magnates' CEO, Michael Greenberg.

The Results

1: Best Broker: Saxo Bank

2. Best Retail FX Technology Provider: MetaQuotes

3. Best Proprietary Platform: Saxo Bank

4. Best Mobile Platform: MetaTrader

5. Best Retail Broker Execution: FXCM

6. Best Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term Provider: ThinkLiquidity

7. Best Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Provider: CitiFX

8. Best Prime Broker: CitiFX Prime Brokerage

9. Best Primary Bank Dealer: Citibank

10. Best Social/Auto-Trading Platform: eToro

11. Best Binary Options Software Provider: TRADOLOGIC

12. Best Binary Options Broker: 24Option

13. Best Executing Venue: LMAX Exchange

14. Best Prime of Prime Solution: Sucden Financial

15. Most Innovative Financial Product: SafeCharge

The selection procedure, along with the voting, is a multi-faceted process, and takes into account a number of criteria, and as explained by Mr. Greenberg in the run-up to the conference, there can be a number of methods by which the final nominees can be selected for each award category.

As a fitting precursor to this year's award ceremony, it was revealed to attendees of the London Summit as to the winner of the "Most Innovative Financial Technology" award, presented to payment processing company SafeCharge at the Elevator Pitch, during which technology companies were given a two minute slot in which to describe their innovation.

Mr. Greenberg then took center stage to announce the winners of the eagerly awaited award ceremony itself, which commenced at 6.30pm.

With this year's awards now in the hands of this year's successful nominees, another prestigious and well-attended Forex Magnates Summit can be reflected on by all. The open bar is currently providing refreshment, further conversation opportunities and relaxation after the energetic and informative two day event.

Forex Magnates wishes you all a good journey home.