Excellence in South Africa’s capital market sector was once again recognised at the 23rd Annual JSE Spire Awards, held last night in Johannesburg.

 

Published 28 Mar 2025
Posted by khashanem

Johannesburg, 28 March 2025: Attended by some of the country’s leading market participants, the Spire Awards are dedicated to recognising the outstanding achievements of institutions that are changing the face of South African capital markets.

At this year’s awards, both Standard Bank and Rand Merchant Bank (RMB) were the top recipients of awards across various categories taking home 11 awards respectively. Among these, Standard Bank secured both Best Forex House and Best Market Making Team: Interest Rate Derivatives, while RMB was named Best Fixed Income & Forex House, Best Bond House, and Best Interest Rate Derivatives House.

Other notable winners included ABSA CIB, BVG Commodities, CJS Securities, Goldman Sachs, Nedbank, Peresec Derivatives, and Tradition – all of whom secured wins in at least one category.

This year’s ceremony celebrated top performers in various sectors including the Bond Market, Interest Rate Derivatives Market, Currency Derivatives Market and Commodity Derivatives Market.

“We witnessed some of the country’s leading capital market participants continue to showcase their commitment to excellence in their client service and overall market contribution. Awards like these are significant not only because they celebrate incredible capability, but also because they recognise and inspire new solutions across the sector. Such innovation is essential in building robust and sustainable Capital Markets, and by extension, the local economy,” said Thembi Mda-Maluleka, Head of Bonds, Currencies, and Interest Rates Derivatives at the JSE.

See the full list of award winners below:

Best Broker: Agricultural Derivatives Research

CJS Securities

Best Commodity Broker: Physical Deliveries

BVG Commodities

Best Commodity Broker: Options

BVG Commodities

Best Broker: Commodity Derivatives

BVG Commodities

Best Market Making Team: Cash Settled Commodity Derivatives

Rand Merchant Bank

Best Research Team: Africa

Standard Bank

Best Research Team: Forex

ABSA CIB

Best Research Team: Credit

Standard Bank

Best Research Team: Economics

Standard Bank

Best Research Team: Fixed Income

ABSA CIB

Best Agency Broker: Listed Interest Rate Derivatives

Peresec Derivatives

Best Inter Dealer Broker: Interest Rate Derivatives

Tradition

Best Market Making Team: Listed Interest Rate Derivatives

Rand Merchant Bank

Best Sales Team: Interest Rate Derivatives

Standard Bank

Best Market Making Team: Interest Rate Derivatives

Standard Bank

Best Agency Broker: Listed FX Futures

Peresec Derivatives

Best Agency Broker: Listed FX Options

Tradition

Best Market Making Team: On-Screen Listed FX Derivatives

Rand Merchant Bank

Best Sales Team: Forex and Forex Derivatives

Standard Bank

Best Market Making Team: Forex & Forex Futures

Standard Bank

Best Market Making Team: Forex Options

Standard Bank

Best Agency Broker: Bonds

Prescient Securities

Best Inter Dealer Broker: Bonds as voted by Agency Brokers

Tradition

Best Inter Dealer Broker: Bonds as voted by Banks

Tradition

Best Structuring Team: Fixed Income\Inflation\Credit\FX

Standard Bank

Best Structured Notes Issuer

Standard Bank

Best Debt Origination Team

Rand Merchant Bank

Best Team: Credit Bonds

Standard Bank

Best Team: Inflation Linked Bonds

Rand Merchant Bank

Best Repo Team

Rand Merchant Bank

Best Sales Team: Bonds

Rand Merchant Bank

Best Sales Team: Bonds (Weighted Buy-Side)

Nedbank

Best Bond ETP Market-Maker

Nedbank

Best Market Making Team: Government Bonds

Rand Merchant Bank

Best Market Making Team: Government Bonds (Weighted Buy-Side)

Goldman Sachs

Best IDB: Fixed Income

Tradition

Best Research House

ABSA CIB

Best Interest Rate Derivative House

Rand Merchant Bank

Best Forex House

Standard Bank

Best Bond House

Rand Merchant Bank

Best Fixed Income & Forex House

Rand Merchant Bank

View photos here: https://jselimited.pixieset.com/spireawards2025/

ENDS

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