NEW YORK, Jan. 22, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has been recognized for foreign exchange research excellence for the eighth consecutive year, ranking first for FX research, technical analysis, and forecasts in Global Finance magazine's 2013 survey of best FX banks and providers.
Global Finance makes its selections based on input from industry analysts, corporate executives and technology experts. A complete awards listing appears in the magazine's January, 2013 issue.
"The host of uncertainties that our clients continue to face in today's changing FX environment underscores the importance of providing a consistently high level of research support," said Art Certosimo, senior executive vice president and chief executive officer of BNY Mellon Global Markets. "With global investors increasingly focused on the importance of managing currency risk, the quality of our research is adding value to client relationships across the BNY Mellon enterprise."
BNY Mellon Global Markets includes the Foreign Exchange and Derivatives business of The Bank of New York Mellon together with the securities business of BNY Mellon Capital Markets, LLC, an SEC registered broker dealer1. These three businesses provide products for corporate, institutional and high net worth investors to access liquidity, execute investment and hedging requirements, and manage risk. With foreign exchange sales and trading desks in New York, Boston, Pittsburgh, London, Brussels, Hong Kong, Tokyo, Taipei, Seoul and Shanghai, BNY Mellon Global Markets has access to more than 100 countries, and is recognized by industry publications as a global leader in FX research and FX technology. BNY Mellon's derivatives business offers hedging products based in the interest rate, currency and equity markets, and BNY Mellon Capital Markets underwrites and transacts on Exchange and over the counter markets in a broad range of debt and equity securities.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.7 trillion in assets under custody/administration and $1.4 trillion in assets under management, services $11.4 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE : BK ). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.
1. BNY Mellon Capital Markets, LLC is an indirect-wholly-owned subsidiary of The Bank of New York Mellon Corporation and a member of FINRA and SIPC. Each is authorized and regulated as required within each jurisdiction.
SOURCE BNY Mellon