LONDON–(BUSINESS WIRE)–Citi was named Prime Broker of the Year at the annual ‘Leaders in Trading’ event hosted by industry publication The TRADE magazine to recognize best-in-class service providers in sales and trading.
The awards were decided by a judging panel of industry experts based on client input. The judges praised the breadth of Citi’s Prime Finance capabilities, highlighting the strength of its securities lending platform as well as its hedge fund consulting services and capital introduction offering as key differentiating factors.
Commenting on the award, Jonathan Watkins, Managing Editor, The TRADE said: “Citi received excellent feedback from respondents in our annual survey. Clients value the strength of the Citi’s capital position, coupled with strong execution capabilities across asset classes and an extensive custody network to meet their financing, trading and operating needs.”
“We are honored to receive this award- a testament to the successful execution of our strategy as we continue to invest in our platform and build on areas of Citi’s strength to provide best-in-class Prime Finance solutions to our clients,” said Adam Herrmann, Global head of Prime Finance.