BMO Capital Markets Named the Best Foreign Exchange Bank in Canada

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BMO Capital Markets, the investment and corporate banking division of BMO Financial Group has been named the best foreign exchange bank in Canada by European CEO Magazine.

BMO Capital Markets’ Foreign Exchange Group is a team that totals nearly 100 professionals based in 8 cities around the world, from Beijing to China. The FX group hold a dominant position in the Canadian dollar foreign exchange market; it is also top ranked by large hedge funds and pension funds due to its institutional liquidity and pricing capacity.

Earlier in the year, BMO Capital Markets was also voted as the best FX market maker in a survey by the China Foreign Exchange Trade System (CFETS) and Interbank Funding Centre.

BMO Capital Markets was also names the Best Investment Bank in Canada in a 2008 survey by Global Finance Magazine.

BMO’s Foreign Exchange Group trades in all major foreign and exotic currencies. This is about 40 tradable currencies and exotics and over 100 currency pairs.

BMO’s Foreign Exchange Group offers its clients a wide range of capabilities, which includes:

• Canadian dollar market making

• North American hedging

• Chinese transaction

• 24 hour trading

It is great to see that BMO’s efforts have paid off, and to be named the best foreign exchange bank in Canada by one of the most prominent financial and business magazine shows this.

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