ABSA Capital, RMB and Nedbank big winners at JSE Spire awards

ABSA Capital, Rand Merchant Bank (RMB) and Nedbank took home big awards at the 15th annual Spire awards, hosted by the JSE. ABSA Capital, RMB and Nedbank were crowned winners of the Best Bonds House, Best Fixed Income and Currencies House, Best FX House and Best Research House and Best Interest Derivative House respectively. RMB alone took home a total of 11 awards on the evening. Bernard Claassens (pictured), Manager: Fixed Income at the JSE, said:

"The awards not only allow the JSE to showcase the successes of our issuers, members and clients but also showcase the achievements of the leading players in the industry to investors."

The Spire Awards, held in recognition of excellence in South Africa's fixed income, currency and commodity derivatives markets, are awarded based on trading volumes and votes are cast by clients. This ensures that the awards remain credible and creates a highly competitive environment.

The full list of winners for 2016 follows:

Best marketing Team - Government Bonds: Nedbank
Best Sales Team - Bonds : Nedbank
Best Team - Inflation Bonds: RMB
Best Team - Credit Bonds: Absa Capital
Best Repo Team: RMB
Best Debt Origination Team: RMB
Best Market Making Team - Interest Rate Derivatives (IRD): Standard Bank
Best Sales Team - IRD: Nedbank
Best Team - Listed Interest Rate Derivatives: RMB
Best Market Making Team - FX: RMB
Best On-Screen Market Making Team - FX: Standard Bank
Best Sales Team - FX: Standard Bank and RMB
Best Research Team - Economics: RMB
Best Research Team - Fixed Income: RMB
Best Research Team - Credit: ABSA Capital
Best Research Team - FX: Standard Bank
Best Research Team - Technical Analysis (FX, IRD, Bonds): Nedbank
Best Research Team - Quantitative Research: Avior Capital
Best Research Team - Africa: Standard Bank
Best Structuring Team - InflationCreditFX: Standard Bank
Best Agency Broker - Listed FX Derivatives: Peregrine Securities
Best Agency Broker - Listed IRD Derivatives: Prescient Securities
Best Broker - Listed Commodity Derivatives: Robinson Mulder De Waal Financial Services
Best Inter Dealer Broker - Bonds: ICAP
Best Inter Dealer Broker - IRD: Tradition
Best Agency Broker - Bonds: Avior Capital
Best Market Making Team - Cash Settled Commodity Derivatives: RMB
Best Bonds House: ABSA Capital
Best IRD House: Nedbank
Best FX House: RMB
Best Research House: RMB
Best Fixed Income and Currencies House: ABSA Capital