CMDPortal has named NatWest Markets Best British Domestic Bond Dealer, Best Corporate GBP Dealer, Best SSA GBP Dealer and Best SSA CP Dealer

16 January 2020

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The Collaborative Market Data (CMD) Portal Awards credit the best performing Dealers, Issuers and Investors over the past 12 months. The winners are decided by a number of avenues including detailed feedback from industry participants, available data and league tables which play an integral role in assessing competitive strengths, an analysis of key deals and performance over the year with factors such as size, depth and growth of specific markets.

CMDPortal noted that following a successful 2018, NWM has continued to perform strongly in GBP markets throughout 2019 ranking amongst the top in the SSA GBP league tables. Feedback from active issuers and investors involved with GBP bonds placed NWM as a leader in this space. CMDPortal also recognised our prominence as a provider of SSA’s GBP funding.

Additionally, CMDPortal acknowledged the proactive measures NWM have taken in supporting our clients in the transition to the new risk-free rates (RFRs), and in particular, offering guidance to issuers on how to best handle the potential phasing out of LIBOR by the end of 2021. They specifically referenced our Risk Free Rates calculator which shows how to use daily realised rates to construct a compounded rate over time, allowing the method of aggregation to become more straightforward for market participants.

Strong league table performance, proactive measures taken to support clients in accommodating the transition from LIBOR, and greater specialisation were the key factors in being awarded CMDPortal’s ‘Best British Domestic Bond Dealer’, ‘Best Corporate GBP Dealer’, and ‘Best SSA GBP Dealer’. Read CMDPortal’s article on why we won here

In addition, NWM was named Best SSA CP Dealer in recognition of our unique cross-desk integration, the breadth of funding choices we offer to clients, and our specialisation in dealing for SSA issuers. Jonathan Ragon-Paxton, ECP Trading & Origination said, “The ECP desk strives to be best in class for our clients in supporting their liquidity needs. Receiving this award further promotes the high quality service the desk offers our SSA Issuers”.

“The Euro Commercial Paper (ECP) desk is an integral part of our syndicate business, participating in the overall funding offering to our Corporate, Financial Institutions, and SSA clients”, added Jonathan Peberdy, Head of Syndicate. We’re delighted that our hard work supporting clients has been recognised with these accolades”. Read CMDPortal’s article about our Best SSA CP Dealer award here