Refinitiv Celebrates Achievements of Vietnam’s FX Community

February 04, 2021 - 09:27
Refinitiv Celebrates Achievements of Vietnam’s FX Community

HANOI,VIETNAM - Media OutReach - 4 February 2021 -Refinitiv, an LSEG business, hasannounced the winners of its FX Trading Awards 2021 for Vietnam's tradingcommunity.


TheFX Awards aim to promote transparency and liquidity in the Vietnamese foreignexchange market and to recognize its importance to the broader economy. Awardwinners were determined based on trading activity on Refinitiv's FX trading platforms.


In2019, Refinitiv launchedits leading global electronic trading Matching service in Vietnam, as emergingmarkets in the Asia region continue to develop their financial markets anddigitize FX trading capabilities. The launch represented Vietnam'sfirst electronic marketplace for the trading of VND.


Foreign exchange is theworld's most-actively-traded asset class. Refinitiv recently reported atotal average daily volume (ADV) of foreign exchange trading across itsplatforms in December 2020 totaled $436bn. Average daily volume for spottrading was $84bn.


"Refinitivis committed to deepeningfinancial markets in Vietnam and the broader ASEAN region and continue to workclosely with central banks, liquidity providers, and buy-side participants topromote the development of efficient, fair and effective markets in theregion," said Nigel Fuller, at Refinitiv.


Headded: "This is the first time Refinitiv is hosting our global FX Awards inVietnam and we're excited to celebrate the support we have seen from theVietnamese trading community. I would like to extend a big congratulations toall the winners."


The Award winners are as follows:

  •  Best Market Maker:  Vietnam Export Import Bank
  • Most Active Bank:  Vietnam Export ImportBank
  • Most Volume Traded:  Vietnam Maritime Commercial Joint Stock Bank
  • Top 10 Volume Traded:

1

Vietnam Maritime Commercial Joint Stock Bank

2

Vietnam Export Import Bank

3

Southeast Asia Commercial Joint Stock Bank (SeABank) 

4

Vietnam Technological and Commercial Joint Stock Bank

5

Ho Chi Minh Development Commercial Joint Stock Bank

6

Vietnam Joint Stock Commercial Bank For Industry and Trade

7

ANZ Bank (Vietnam) Limited

8

Tien Phong Commercial Joint Stock Bank

9

JS Commercial Bank for Investment and Development of Vietnam

10

Lien Viet Post Joint Stock Commercial Bank


Forfurther information on Refinitiv's FX solutions, visit here .

About Refinitiv, an LSEG business

Refinitiv, an LSEG (London Stock Exchange Group) business, is one of theworld's largest providers of financial markets data and infrastructure. With$6.25 billion in revenue, over 40,000 customers and 400,000 end users across190 countries, Refinitiv is powering participants across the global financialmarketplace. We provide information, insights, and technology that enablecustomers to execute critical investing, trading and risk decisions withconfidence. By combining a unique open platform with best-in-class data andexpertise, we connect people to choice and opportunity -- driving performance,innovation and growth for our customers and partners. www.lseg.com

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