The Bond Market Awards 2026 - in association with The DESK

The Bond Markets Awards from Markets Media celebrate success and innovation in the fixed income markets. There are twenty-seven awards covering primary and secondary markets, recognising the most effective or innovative operators in fixed income today. Judging and the building of shortlists will be conducted by our editorial board and judging panel, supported by nominations.

Bond Market Awards Judging Panel includes: • Sabina Awan (in personal capacity) • Cathy Gibson (Ninety One) • Bryn Jones (Rathbones) • Juan Landazabal (GAM) • Kirstie MacGillivray (Aegon AM) • Dwayne Middleton (T. Rowe Price) • Michelle Neal (Fnality) • Malin Norberg (Norges Bank IM) • Armin Peter (in personal capacity, formerly UBS) • Sam Ratcliff (Man Group) • Jim Switzer (AllianceBernstein) • Erik Tumasz (Oaktree Capital) • Christoph Hock (Union Invest)

16th April, 2026

The Lansdowne Club, London, April 16th, 2026

The Awards will be divided into four sections:

The Shortlist

The Bond Market Awards Shortlist

Origination Categories

Bank for sustainable issuance
BNP Paribas
  Crédit Agricole CIB
Standard Chartered
HSBC

Bank for corporate issuers EMEA
Deutsche Bank
J.P. Morgan
BNP Paribas

Bank for Corporate Issuers US
J.P. Morgan
Bank of America
Citi

Evolutionary catalyst for bond issuance
HSBC Orion

Bank for corporate issuers APAC
HSBC
  Crédit Agricole CIB
Standard Chartered
J.P. Morgan

Bank for SSA issuers
Nomura
Citi
Barclays

Technologies Categories

Most Effective Platform for Trading Illiquid Debt
Bloomberg
MarketAxess
Octaura

Most Effective System for Trading Analysis
MarketAxess
BestX
Propellant Digital
Trumid PT Pricer

Most innovative use of technology in a Market Participant
J.P. Morgan
Jupiter Asset Management
Quantitative Brokers

Most Innovative Use of Technology in Market Operation
LTX, a Broadridge Company
TransFICC
Bloomberg

Most Effective System for Managing Orders in the Market
Flextrade
TS Imagine
Adroit

Most Effective System for Internal Order Management
Charles River Development
Aladdin® by BlackRock

Most effective platform for trading rates
Bloomberg
CME
Tradeweb

Most effective platform for trading credit
Cboe
MarketAxess
Tradeweb
MTS BondVision

Buy-side Trading Team Categories

EMEA Credit Trading Team
Jupiter Asset Management
Nordea Asset Management
Fidelity International
AXA Investment Managers

E-trading Team
AXA Investment Managers
BlackRock
Dimensional Fund Advisors
Fidelity International

Illiquid Trading Team
Apollo Global Management
T. Rowe Price
Nordea Asset Management

Macro/Rates Trading Team
BlackRock
L&G Asset Management

Non-US/EMEA
Nuveen
HSBC Asset Management

US Credit Trading Team
Dimensional Fund Advisors
AXA Investment Managers
Baillie Gifford

Voice Trading Team
M&G
Jupiter Asset Management
Nordea Asset Management

Market Smarts Categories

Liquidity Provider of the Year: Rates & SSA
Barclays
J.P. Morgan
Citi
Nomura

Liquidity Provider of the Year: US Credit
J.P. Morgan
Bank of America/BoA Securities
Goldman Sachs

Best Counterparty Connector
TransFICC
MultiLynq
Quantitative Brokers

On The DESK Awards
Zornitsa Todorova, Barclays;
Vincent Grandjean, Propellant Digital;
Carl James, S&P Global;
Carlos Muniz-Morell, Santander;
Anju Sima (formerly MarketAxess)

Market structure advisory of the year
J.P. Morgan
RBC
Crisil Coalition Greenwich
Barclays

Evolutionary Catalyst for Bond Issuance
HSBC Orion
Onbrane
BondAuction
Retailbook

The Bond Market Awards sections:

Trading Teams

  • EMEA credit trading team
  • US credit trading team
  • Macro/rates trading team
  • E-trading team
  • Voice trading team
  • Illiquids trading team

Technologies

  • Most effective system for managing orders in the market
  • Most effective system for internal order management
  • Most effective system for trading analysis
  • Most effective platform for trading credit
  • Most effective platform for trading rates
  • Most effective platform for trading illiquid debt
  • Most innovative use of technology in market operation
  • Most innovative use of technology in a market participant

Origination

  • Bank for sustainable issuance
  • Bank for SSA issuers
  • Bank for corporate issuers EMEA
  • Bank for corporate issuers US
  • Bank for corporate issuers APAC
  • Evolutionary catalyst for bond issuance

Market Smarts

  • Liquidity provider of the year: Credit
  • Liquidity provider of the year: Rates & SSA
  • Liquidity provider of the year: Illiquids
  • Market structure advisory of the year
  • Best counterparty connector
  • On The DESK Award

The bond market is the most sophisticated financial market ecosystem in the world. Our awards reach every part of that market to reward innovators and giants in fixed income, valuing the issuers, the risk managers, the investors and the dealers who are creating greater efficiency, value and choice for the wider economy.

 

Twenty seven awards will be given out for bond market participants covering primary and secondary markets, recognising the most effective or innovative operators in fixed income markets. Stay tuned for more info about the Markets Media Bond Markets Awards.

ADVISORY BOARD

Imperative Execution

 

SmartStream Technologies

Mizuho Americas

SevenStep Capital

Glenmede Investment Management

Citation Capital

Société Générale

Deutsche Bank

 AllianceBernstein

The Ricciardi Group

Morgan Stanley

Citadel Securities

Kula Investments

T. Rowe Price

Cantor Fitzgerald

ICE Bonds Securities Corporation

CreditInsights

Virtu Financial

TD Bank Group

The Northern Trust Company

Mizuho Corporate Culture Award

In Association With

Platinum Sponsor

JP Morgan logo

2026 SPONSORS

Gold Sponsor

Platinum Sponsor

JP Morgan logo
Tradeweb logo
Societe Generale, Soc Gen
DTCC
IPC logo
Citadel Securities
Virtu
bnym log
CTC
Citadel Securities
DTCC
Deutsche Bank
Glenmede
Instinet logo
JPMC
Mizuho
NYSE
Nasdaq
PIMCO
Virtu

WINNERS

Mizuho Corporate Culture Award