State Street’s Foreign Exchange Services Recognized by Euromoney Magazine
June 11 2018 - 12:00PM
Business Wire
Firm Ranked Number One in Three Categories, Including Customer
Satisfaction Globally
State Street Corporation (NYSE: STT) today announced that it is
ranked as industry-leading in several categories by Euromoney
Magazine’s annual list of global banks providing foreign exchange
services1. The ranking, now in its 40th year, is the most
comprehensive quantitative and qualitative annual study available
on foreign exchange markets.
State Street was recognized in a number of categories,
including:
- No.1 in Customer Satisfaction overall
and for Research globally
- No.1 in ‘Real Money’ (up from 5th in
2017)
- Ranked 10th largest foreign exchange
provider globally (up from 11th in 2017)
- No.3 for ‘Leveraged Funds’ globally (up
from 5th in 2017)
- In E-Trading, State Street moved up two
positions to 10th overall (up from 12th in 2017)
- Ranked No. 9 in Emerging Market
currency trading market share (up from 11th in 2017)
Additionally, FX Connect®, State Street’s
multi-counterparty FX trading system, maintained its number two
position as a leader in multibank and independent platform market
share.
“This year’s rankings illustrate the value our clients are
deriving from State Street’s continued investment in our people and
our technology,” said Anthony Bisegna, global head of FX Sales
& Trading and Research at State Street. “From our partnerships
with leading academics that allow us to provide unique research, to
our global account coverage and market knowledge, we’re committed
to bringing the best possible foreign exchange services to
institutional investors. We are very proud of this
distinction.”
State Street provides specialized investment research and
trading in foreign exchange, equities, fixed income and
derivatives. To learn more about State Street’s foreign exchange
offerings, click here. To learn more about FX Connect specifically,
click here.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment servicing, investment management and
investment research and trading. With $33.30 trillion in assets
under custody and administration and $2.70 trillion* in assets
under management as of March 31, 2018, State Street operates in
more than 100 geographic markets worldwide, including the US,
Canada, Europe, the Middle East and Asia. For more information,
visit State Street’s website at www.statestreet.com.
*Assets under management include the assets (approximately $36
billion as of March 31, 2018), for which State Street Global
Advisors Funds Distributors, LLC (SSGA FD) serves as marketing
agent; SSGA FD and State Street Global Advisors are affiliated.
State Street Corporation One Lincoln Street, Boston, MA
02111-2900.
© 2018 State Street Corporation - All Rights Reserved
2144767.1.1.GBL.
Important Information All information has been obtained
from sources believed to be reliable, but its accuracy is not
guaranteed. There is no representation or warranty as to the
current accuracy, reliability or completeness of, nor liability for
decisions based on such information and it should not be relied on
as such. The whole or any part of this work may not be reproduced,
copied or transmitted or any of its contents disclosed to third
parties without State Street's express written consent. The
information provided does not constitute investment advice and it
should not be relied on as such. It should not be considered a
solicitation to buy or an offer to sell a security. It does not
take into account any investor's particular investment objectives,
strategies, tax status or investment horizon. You should consult
your tax and financial advisor. This document contains certain
statements that may be deemed forward-looking statements. Please
note that any such statements are not guarantees of any future
performance and actual results or developments may differ
materially from those projected.
Expiration Date: June 30, 2019
1
https://www.euromoney.com/article/b18f5s6kqtcr6m/euromoney-fx-survey-2018-results-released
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version on businesswire.com: https://www.businesswire.com/news/home/20180611005764/en/
State Street CorporationBrendan Paul, +1
617-662-2903BPaul2@StateStreet.com@StateStreet
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