Voting for the 2017 Finance Magnates London Summit Awards has already begun, and now there are just two days for attendees to choose which companies make it to the next selection stage. Confirmed attendees are invited to follow the instructions sent out via email to vote for the leading firms in the industry across a total of twelve categories.
Time is running out
The first round of voting will be ending Thursday November 2nd. The second phase will begin on November 6th, in which three finalists in each category will compete for the prestigious badge of honor.
Every year, Finance Magnates recognizes the industry’s top-performing companies – 2017 will see a wide range of honors bestowed across twelve different categories. The awards reflect trends and shifts that the FX industry has undergone in the most recent year, and are decided based on votes from only industry peers and attendees.
What category does my company appear in?
Finance Magnates has already compiled a broad list of industry participants, corresponding to each distinct category. If you want to make sure that you are listed in the right category, the easiest way is to contact email@example.com.
How can I win?
The ultimate selection of each award is dictated by your industry peers and the summit’s attendees. While actions speak louder than words, your job is to convince them that you are indeed at the top of the game relative to the competition. We recommend canvassing for your nomination with dedicated infographics and social media posts, which have historically encouraged attendees to cast their ballots.
Remember to include the summit hashtag #londonsummit17 in your publications and invite your audience to register and vote.
I still need to vote, how do I do so?
As stated previously, only London Summit registered attendees are eligible to participate in the voting process. If you have not already done so please take the time to confirm your attendance and register as soon as possible to be able to vote.
Of note, prospective voters need to be registered with their own corporate emails. Delegates who have been registered via the email of an employee will not be able to participate. More details about the process itself can be found below:
After receiving your selections, Finance Magnates will then tally all the votes and pick out the three most popular contenders in each category for the shortlist. In stage 2, voters will be asked to choose one of the final candidates and the one who receives most votes will become the winner in its category.
To recap, the 2017 list of awards will include the following categories:
Best liquidity provider
As the structure of liquidity in FX is changing, this year’s nominees will include top-tier banks as well as hedge funds and electronic non-bank liquidity providers, all of which are growing to be increasingly significant participants in the market.
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Best connectivity provider
This category will focus on technology providers in the retail FX space – firms that offer access to liquidity, risk management, routing aggregation and bridge solutions for platforms.
Best ECN/execution venue
At this year’s summit, attendees will award not only the best brokers and their providers, but also the network that connects them to the market and facilitates the best infrastructure for FX trading.
Best prime of prime broker/retail liquidity provider
This segment has been a growing niche since the game-changing EUR/CHF debacle a couple of years ago, and the industry has seen PoP offerings coming from various players. From traditional specialist firms relying on their LP relationships to financial groups expanding into the B2B space, London Summit attendees will determine who was on top of the game in 2017.
Best FX trading platform
Historically, MT4 has been synonymous with the term trading platform, and accordingly, MetaQuotes has won several of our awards. However, with the growing emphasis on MT5 and the proliferation of webtrader versions, could this year see an end to this trend?
Best multi-asset trading platform
The retail FX industry’s expansion into multi-asset offerings is well underway. This year’s award credits the platforms best equipped for enabling multi-asset trading in terms of instrument diversity and technological integration.
Best CFDs broker
One cannot overstate the growing importance of CFD trading across the online trading industry. Due to its wider adoption in the retail space, candidate assessment will focus on the diversity of instruments, trading volumes generated across different assets and effectiveness of marketing.
Best crypto service provider
2017 has been the year of cryptocurrencies – the rapid ascension of cryptos has prompted retail brokers to provide digital currency trading to their client bases. It is only fitting that a new award covers this realm. The London Summit Awards will recognize the most effective and innovative cryptocurrency service provider in the industry. A token of prestige, so to speak.
Best forex broker
This award is the real star prize every year, and 2017 is no exception. The award will recognize the best FX broker for its performance across the board. Will Saxo Bank finally be dethroned after winning for two consecutive years? Only you will decide.
Best regtech/reporting solution
Changes to regulatory frameworks have made regtech a growing buzzword this year 2017. The award will be given to companies offering the most comprehensive regulatory solutions, primarily in documenting and reporting transactions in order to meet regulatory requirements.
Payment service provider
Payments remain one of the most central issues for the FX and broader financial services industry. As such, this award will be given to the best PSP solution in terms of costs, access to top-tier banks and acceptance of a broad range of means of payment.
Best automated performance tool
Finally, this award is for candidates that have introduced an outstanding automated tool for brokers to improve their performance at any stage of their customers’ lifecycle, from marketing and client acquisition to trader retention to better internal operations.
Here is how last year’s award ceremony looked. Don’t miss your chance to be there this year!