FX Awards Indonesia 2025
LSEG is proud to announce the winners for the Indonesia FX Awards 2025. 

LSEG analysed the FX trading volumes and pricing contributions carried out on electronic FX trading platforms throughout 2024 in order to select the winner of the following categories.
Award Winners
Best Market Maker
Winner
MUFG Bank, Ltd.

First Runner Up
JPMorgan Chase Bank, N.A.
(Jakarta Branch)

Second Runner Up
PT Bank UOB Indonesia
Most Active Bank
Winner
MUFG Bank, Ltd.

First Runner Up
Deutsche Bank AG
(Jakarta Branch)

Second Runner Up
PT Bank UOB Indonesia
Most Volume Traded
Winner
MUFG Bank, Ltd.

First Runner Up
Deutsche Bank AG
(Jakarta Branch)

Second Runner Up
PT Bank UOB Indonesia
Most Active FXall Bank (Taker)
Winner
PT Bank Negara Indonesia (Persero) Tbk

First Runner Up
PT Bank Central Asia Tbk

Second Runner Up
PT Bank Danamon Indonesia Tbk
Most Active FXall Bank (Maker)
Winner
PT Bank Mizuho Indonesia

First Runner Up
PT Bank CIMB Niaga 

Second Runner Up
PT Bank DBS Indonesia
Best State Bank
Winner
PT Bank Rakyat Indonesia (Persero) Tbk

First Runner Up
PT Bank Negara Indonesia (Persero) Tbk

Second Runner Up
PT Bank Mandiri (Persero) Tbk
Most Improved Volume (Matching)
Winner
PT Bank Danamon Indonesia Tbk

First Runner Up
PT Bank Pan Indonesia Tbk

Second Runner Up
Citibank N.A., Indonesia