VTB Capital has been named the Best Foreign Exchange Provider in Russia by Global Finance magazine in their annual international awards.
The prize, which VTB Capital has won for three consecutive years, was decided by a committee of industry analysts, corporate executives and technology experts. The award reflects VTB Capital’s dominance in the Russia and CIS market in both spot FX transactions and complex structured FX products.
Since its founding in 2008, VTB Capital has been the leader in share turnover and transactions in FX in the region.
Alexei Ivanov, Head of Fixed Income Trading at VTB Capital, said: "Providing foreign exchange transactions is one of our key business areas and we are continually optimising our operations and improving efficiency in this sector. This award is further confirmation of VTB Capital’s high achievements in the Russian foreign exchange market."
Global Finance magazine was founded in 1987 and is subscribed to by over 50,000 market traders and distributed in 163 countries.
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