The Bank of New York Mellon Repeats Best Foreign Exchange Research Ranking
December 15 2008 - 8:16AM
PR Newswire (US)
NEW YORK, Dec. 15 /PRNewswire/ -- The Bank of New York Mellon has
been recognized as the premier provider of foreign exchange
research for the fourth consecutive year, receiving top honors for
overall foreign exchange research, best technical analysis, and
best forecasts in Global Finance magazine's World's Best Foreign
Exchange Banks rankings for 2009. The same survey awards The Bank
of New York Mellon Honorable Mention recognition in the Best
Foreign Exchange Bank in the U.S. country category for the sixth
year in a row. Global Finance made its selections from among
currency trading providers in 82 countries or regions, as well as
the best online foreign exchange systems, with input from industry
analysts, corporate executives and technology experts. Criteria for
choosing winners included transaction volume, market share, scope
of global coverage, customer service, competitive pricing and
innovative technologies. A complete awards listing will appear in
the magazine's January, 2009 issue. Jorge Rodriguez, managing
director and head of global foreign-exchange sales at The Bank of
New York Mellon, said, "Events of the past several months have
underscored the importance of research as a value-added aspect of
foreign exchange trading. We've been consistently ahead of the
curve anticipating the market's need for timely and informed
research insights, introducing a daily Asian briefing during the
past year and significantly enhancing our global asset flows
content. Having a top-ranked research team in place has positioned
us extremely well for the current period of extraordinary market
volatility." The Bank of New York Mellon's Global Markets Division
encompasses the Bank's foreign exchange, interest-rate and equity
risk management businesses, including global trading and sales
activities. The Bank is a premier foreign exchange provider,
trading in over 100 currency markets around the world. Additional
information is available at http://gm.bankofny.com/. Foreign
exchange and other Global Markets products and services are
provided by subsidiaries of The Bank of New York Mellon
Corporation. The Bank of New York Mellon Corporation is a global
financial services company focused on helping clients manage and
service their financial assets, operating in 34 countries and
serving more than 100 markets. The company is a leading provider of
financial services for institutions, corporations and
high-net-worth individuals, providing superior asset management and
wealth management, asset servicing, issuer services, clearing
services and treasury services through a worldwide client-focused
team. It has $22.4 trillion in assets under custody and
administration, approximately $1.1 trillion in assets under
management and services approximately $12 trillion in outstanding
debt. Additional information is available at
http://www.bnymellon.com/. This document has been prepared solely
for informational and discussion purposes, and is not an offer or
solicitation to buy or sell any financial product or to participate
in any particular strategy. The Bank of New York Mellon, and its
broker dealer affiliates, may have long or short positions in any
currency, derivative or instrument discussed herein. The Bank of
New York Mellon has included data in this document from information
generally available to the public from sources believed to be
reliable. Any price or other data used for illustrative purposes
may not reflect actual current conditions. No representations or
warranties are made, and The Bank of New York Mellon assumes no
liability, as to the accuracy or completeness of any data. Price
and other data are subject to change at any time without notice.
DATASOURCE: The Bank of New York Mellon Corporation CONTACT: Ron
Sommer, The Bank of New York Mellon Corporation, +1-412-236-0082,
Web Site: http://gm.bankofny.com/ http://www.bnymellon.com/
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