Refinitiv launched its leading global electronic trading Matching service in Vietnam in 2019, as emerging markets in the Asia region continue to develop their financial markets and digitise FX trading capabilities. The launch represented Vietnam’s first electronic marketplace for the trading of VND.
Foreign exchange remains one of the world’s most actively traded asset classes. The average daily volume (ADV) of foreign exchange trading across Refinitiv’s FX platforms globally totaled $491 billion in January 2022, with the average daily volume for spot trading at $97 billion.
“We would like to extend our congratulations to all the winners recognised at the award ceremony . This marks the second year of our FX Awards in Vietnam and we are delighted to celebrate the strong support we have seen from the local trading community. As one of the world’s largest providers of financial markets data and infrastructure, Refinitiv is committed to the further development of FX markets in Vietnam. We are making significant investments in our trading venues as well as our new generation desktop platform called ‘Workspace for FX Trading’ to help with this journey,” said Nigel Fuller, Sales Director, FX Trading, Asia at Refinitiv.
The 2022 Vietnam FX Award Winners are as follows:
- Best Market Maker: Vietnam Technological and Commercial Joint Stock Bank
- Most Active Bank: Vietnam Technological and Commercial Joint Stock Bank
- Most Volume Traded: Vietnam Maritime Commercial Joint Stock Bank
- Best Newcomer (new): BNP Paribas – Ho Chi Minh City Branch Vietnam
- Best FXall Taker (new): Joint Stock Commercial Bank for Foreign Trade of Vietnam
- Top 5 Volume Traded:
|1||Vietnam Maritime Commercial Joint Stock Bank|
|2||Vietnam Export Import Bank|
|3||Vietnam Technological and Commercial Joint Stock Bank|
|4||Ho Chi Minh Development Commercial Joint Stock Bank|
|5||Tien Phong Commercial Joint Stock Bank|
For further information on Refinitiv’s FX solutions, visit here.
About Refinitiv, an LSEG business
Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. With more than 40,000 customers and 400,000 end users in approximately 190 countries, Refinitiv is powering participants across the global financial marketplace. Refinitiv provides information, insights, and technology that enable customers to execute critical investing, trading and risk decisions with confidence. By combining a unique open platform with best-in-class data and expertise, Refinitiv connects people with choice and opportunity – driving performance, innovation and growth for its customers and partners. www.lseg.com
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