Fund managers like banks and brokers that combine liquidity and honesty, found our annual trading survey. UBS was voted best overall, with other firms prevailing in certain categories.
New capital requirements, sustained low interest rates and falling commissions from derivatives trading have compelled the agency brokerage to readjust.
The expected introduction of third-party securities clearing next year will coincide with the expansion of the asset management sector, says BNP Paribas.