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Cuts and points – how the Dealer Rankings work

Dealer Rankings 2025: We have a simple way to compare dealers. Sort of simple, anyway

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This article is part of the Dealer Rankings 2025. You can find the overview article here. Analysis of the top 10 dealers is available here, and analysis of the market for each instrument is here.

The Dealer Rankings sets out to compare sell-side derivatives participants, across instruments, for two important client groups, in an apples-to-apples way.

We tried to keep it simple; we tried to make it

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