The JSE applauds 2021 winners of the closely contested 20th SPIRE Awards
The winners of the 2021 SPIRE Awards were announced by the Johannesburg Stock Exchange (JSE) at the eagerly anticipated virtual gala event held recently.
“The Spire Awards is a key milestone event and achievement for valued participants. The main feature of these Awards was the close competition between the different capital markets participants,” says Valdene Reddy the Director of Capital Markets at the JSE.
Financial services giants Absa CIB, Rand Merchant Bank (RMB) and Standard Bank took top spots in the awards. RMB narrowly beat the two competitors, to repeat last year’s feat of overall winner: Best Fixed Income & Forex House.
RMB won nine top categories of the 39 awards including amongst others Best Bond House, Best Interest Rate Derivatives House, Best Market Making Team: Interest Rate Derivatives, Best Debt Origination Team and Best Team: Inflation Linked Bonds.
Absa CIB followed closely, scooping eight top awards including Best Research House, Best Sales Team: Interest Rate Derivatives, Best Market Making Team: FX Options and Best Repo Team, amongst other categories.
Standard Bank showed great success having won five awards in 2020 to seven top awards for 2021 to claim overall third place. Amongst their awards were: Best Forex House, Best Structuring Team, Best Structured Notes Issuer and Best Market Making Team: FX & FX Futures.
Last night’s annual 20th anniversary, cemented the Spire Awards as the benchmark accolade for South African markets, as voted for by institutional investors.
“It is important to recognise and celebrate the contributions of all market participants under a tough operating environment. Capital markets play a key role in our country’s economic development. It is, therefore, important that we acknowledge and appreciate the painstaking efforts of these market participants. We commend all the nominees and winners,” Reddy concludes.
Last night’s virtual ceremony was attended by the broad financial eco-system including traders, analysts and executives of financial organisations.
The 2021 SPIRE Awards the winners are as follows:
Best Broker: Agricultural Derivatives Research CJS SecuritiesBest Broker: Commodity OptionsBVG CommoditiesBest Commodity Broker: Physical Deliveries CJS SecuritiesBest Broker: Commodity DerivativesRobinson Mulder De Waal Financial ServicesBest Market Making Team: Cash Settled Commodity DerivativesRand Merchant BankBest Research Team: AfricaAbsa CIBBest Research Team: ForexAbsa CIBBest Research Team: CreditStandard BankBest Research Team: EconomicsAbsa CIBBest Research Team: Fixed IncomeAbsa CIBBest Agency Broker: Listed Interest Rate DerivativesPrescient SecuritiesBest Inter Dealer Broker: Interest Rate DerivativesTraditionBest Market Making Team: Listed Interest Rate Derivatives Rand Merchant BankBest Sales Team: Interest Rate DerivativesAbsa CIBBest Market Making Team: Interest Rate DerivativesRand Merchant BankBest Agency Broker: Listed FX FuturesPeresec DerivativesBest Agency Broker: Listed FX OptionsTraditionBest Market Making Team: On-Screen Listed FX DerivativesRand Merchant BankBest Sales Team: FX and FX DerivativesStandard BankBest Market Making Team: FX & FX FuturesStandard BankBest Market Making Team: FX OptionsAbsa CIBBest Agency Broker: BondsAvior Capital MarketsBest Inter Dealer Broker: Bonds as voted by Agency BrokersTraditionBest Inter Dealer Broker: Bonds as voted by BanksGFIBest Structuring Team: Fixed Income\Inflation\Credit\FXStandard BankBest Structured Notes IssuerStandard BankBest Debt Origination TeamRand Merchant BankBest Team: Credit BondsStandard BankBest Team: Inflation Linked BondsRand Merchant BankBest Repo TeamAbsa CIBBest Sales Team: BondsNedbankBest Bond ETP Market-MakerNedbankBest Market Making Team: Government BondsNedbankBest IDB: Fixed IncomeTraditionBest Research HouseAbsa CIBBest Interest Rate Derivative HouseRand Merchant BankBest Forex HouseStandard BankBest Bond HouseRand Merchant BankBest Fixed Income & Forex HouseRand Merchant Bank
