2026 Categories

MARKET DATA & INFRASTRUCTURE

Best Overall Market Data Provider

Vendors of comprehensive real-time market data services and related financial information for traders via terminal or data feed/API.

Best Consolidated Market Data Feed

Vendors of consolidated market data feeds.

Best Provider of Broker Market Data

Vendors of solutions that distribute market data generated by brokers.

Best Alternative Data Consolidator

Vendors of delivery systems (feeds and platforms) for alternative data services.

Best Machine-Readable News Supplier

Vendors of machine-readable new for consumption by trading algorithms, analytics and execution systems.

Best High-Performance/Low-Latency Data Solution

Providers of technology solutions that deliver market data with exceptional speed, reliability, and the lowest possible deterministic latency to support high-frequency trading and algorithmic strategies.

Best Cloud-Based Market Data Delivery Solution

Vendors of market data delivery solutions hosted in a public cloud environment.

Best Market Data Inventory Platform

Vendors of platforms for managing subscriptions and entitlements to market data and other financial information services.

Best Trading Infrastructure Monitoring Platform

Vendors of solutions for performance monitoring and trouble-shooting for trading infrastructures.

Best Time Stamping/Latency Measurement System

Vendors of solutions for measuring messaging latency across trading networks and infrastructures.

Best High Performance Network Services

Vendors providing low-latency network services for trading connectivity.

Best Managed Services Solution for Market Data

Vendors providing market data on a managed service basis.

AI, ANALYTICS & RISK

Best AI Solution for Trading

The AI-powered solution that most effectively enhances trading performance through advanced signal generation, execution optimisation, market prediction, or adaptive strategy development.

Best Trading Analytics Platform

Vendors of analytics solutions for the trading environment.

Best Transaction Cost Analysis (TCA) Tool

Vendors of transaction cost analysis (TCA) tools.

Best Market Simulation Solution

Vendors of simulations to enable back-testing of trading algorithms.

Best Pre-Trade Risk Controls Provider

Vendors of pre-trade checking systems to prevent breach of agreed trader limits.

TRADING & EXECUTION PLATFORMS

Best Buy-Side OMS

Vendors of order management systems (OMS) to asset managers, hedge funds and other buy-side financial institutions.

Best Sell-Side OMS

Vendors of order management systems (OMS) to investment banks, broker/dealers and other sell-side financial institutions.

Best Buy-Side EMS

Vendors of execution management systems (EMS) to asset managers, hedge funds and other buy-side financial institutions.

Best Sell-Side EMS

Vendors of execution management systems (EMS) to investment banks, broker/dealers and other sell-side financial institutions.

Best Smart Order Routing Application

Vendors of smart order routing (SOR) solutions that automate the selection of best available trading venues and are designed to improve fill rates and trade execution.

Best Order Routing Network Operator

Operators of networks for routing buy-side trade orders.

Best Platform for Electronic Market Making

Vendors of platforms, solutions and applications for market-making.

Best Matching Engine for Exchanges and Electronic Trading Venues

Vendors of matching engines for exchanges, multilateral trading facilities (MTFs), dark pools, systematic internalisers (SIs) and other electronic trading venues.

Best Matching Engine for Cryptocurrency Trading Venues

Vendors of matching engines designed specifically for venues trading cryptocurrency.

ASSET CLASS & INSTRUMENT SPECIFIC SOLUTIONS

Best Equities Trading Solution

Vendors of platforms, solutions and applications for trading in listed equities and related securities.

Best Fixed Income Trading Solution

Vendors of trading solutions for trading in bonds and rates markets.

Best Foreign Exchange (FX) Trading Solution

Vendors of trading solutions for trading in currencies and FX derivatives.

Best Listed Derivatives Trading Solution

Vendors of platforms, solutions and applications for trading on-exchange listed derivatives.

Best OTC Derivatives Trading Solution

Vendors of platforms, solutions and applications for trading in OTC derivative securities.

Best Commodities Trading Solution

Vendors of platforms, solutions and applications for trading physical commodities and commodity derivatives.

Best Energy Trading Solution

Vendors of platforms, solutions and applications for trading in power, oil and gas.

Best Solution for ETF Trading

Vendors of platforms, solutions and applications for trading in exchange-traded funds.

Best Solution for Volatility Trading

Vendors of platforms, solutions and applications for volatility trading.

Best Digital Assets Trading Solution

Vendors of solutions designed specifically for trading digital assets.

POST-TRADE & REGULATORY

Best Trade/Transaction-Reporting Solution

Vendors of solutions that provide firms with systems to generate and execute their mandatory trade/transaction reporting requirements to regulators.

Best Trade Reconstruction Solution

Vendors of trade reconstruction tools that can recreate market situations for evidencing best execution.

Best Trade Surveillance Solution

Vendors of solutions that capture, monitor and analyse trade data for surveillance and regulatory compliance.

Best eComms Surveillance Solution

Vendors of solutions that provide voice and mobile message channels for regulatory compliance purposes.

Best Collateral Management & Optimisation Solution

Vendors of solutions that help financial institutions efficiently manage, optimize, and streamline the complex processes of collateral allocation, eligibility, and settlement.

ESG & SUSTAINABLE FINANCE

Best ESG Data & Analytics Provider

Providers of Environmental, Social, and Governance (ESG) data and sophisticated analytical tools to enable investors to integrate ESG factors into their research and portfolio management.

Best Solution for ESG Portfolio Analysis & Reporting

Vendors of software platforms that offer comprehensive tools for analyzing the ESG performance of investment portfolios and generating clear, compliant reports for clients and regulators.

Best Platform for Trading Environmental Instruments (Carbon, etc.)

Vendors of trading platforms that provide robust functionality and market access for environmental instruments, including carbon credits, renewable energy certificates, and other related assets.

Best Initiative for Sustainable Trading Infrastructure

Vendors of environmentally friendly trading-related solutions.

SPECIALIST TECHNOLOGY & SERVICES

Best Desktop Interoperability Framework

Vendors of solutions or platforms that facilitate interoperability of desktop applications.

Best Integration Platform for Interoperability

Vendors of solutions or platforms that facilitate interoperability of applications across the enterprise.

Best FIX Engine Provider

Vendors of FIX protocol-based messaging infrastructure.

Best Cloud Platform for Trading Applications

Cloud services providers with best environments for meeting the needs of capital markets clients.

Best Solution for Workflow Automation

Vendors of solutions for automating the trading workflow

Best Price Sharing & Publishing Solution

Vendors of solutions or services that enable real-time publishing of data and analytics.

Best RFQ Platform

Vendors of mechanisms for issuing and responding to requests for quote.

Best Specialist Market Data Consultancy

Consultancies providing advice on sourcing and management of market data for trading firms.

Best Specialist Trading Technology Consultancy

Consultancies dedicated to trading technology.

Best Partner for Digital Transformation in Electronic Trading

Technology suppliers and systems integrators helping financial institutions with their digital transformation initiatives.