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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