31.03.2022 09:22
Posted by khashanem

Johannesburg, 31 March 2022: The winners of the 2021 SPIRE Awards were announced by the Johannesburg Stock Exchange (JSE) at the eagerly anticipated virtual gala event held last night.

“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 and congratulates 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 Securities

Best Broker: Commodity Options

BVG Commodities

Best Commodity Broker: Physical Deliveries

CJS Securities

Best Broker: Commodity Derivatives

Robinson Mulder De Waal Financial Services

Best Market Making Team: Cash Settled Commodity Derivatives

Rand Merchant Bank

Best Research Team: Africa

Absa CIB

Best Research Team: Forex

Absa CIB

Best Research Team: Credit

Standard Bank

Best Research Team: Economics

Absa CIB

Best Research Team: Fixed Income

Absa CIB

Best Agency Broker: Listed Interest Rate Derivatives

Prescient Securities

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

Absa CIB

Best Market Making Team: Interest Rate Derivatives

Rand Merchant 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: FX and FX Derivatives

Standard Bank

Best Market Making Team: FX & FX Futures

Standard Bank

Best Market Making Team: FX Options

Absa CIB

Best Agency Broker: Bonds

Avior Capital Markets

Best Inter Dealer Broker: Bonds as voted by Agency Brokers

Tradition

Best Inter Dealer Broker: Bonds as voted by Banks

GFI

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

Absa CIB

Best Sales Team: Bonds

Nedbank

Best Bond ETP Market-Maker

Nedbank

Best Market Making Team: Government Bonds

Nedbank

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

 

ENDS

 

ABOUT THE JSE

The Johannesburg Stock Exchange (JSE) has a well-established history operating as a regulated marketplace for trading listed securities. The JSE is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.

The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for over 130 years.

As a leading global exchange, the JSE co-creates, unlocks value and makes real connections happen.

www.jse.co.za 

 

JSE general enquiries:

Email: [email protected]

Tel: 011 520 7000

JSE media contact:

Paballo Makhetha

Communication Specialist

Tel : 011 520 7331

Mobile : 072 419 4610

Email: [email protected]