BBVA has ranked first in both in equity derivatives sales and in research in the annual EXTEL survey conducted by Thomson Reuters, with 10.65% and 13.22% of the client votes, respectively.

This recognition has been possible thanks to a strategy based on providing clients with added value that combines analysis solutions with a quick and accurate price quotation.

Both achievements reflect the constant progress made by BBVA, which in the distribution category ranked second in 2013 and ninth the previous year, while in Research it came in seventh last year and fifteenth in 2012.

According to Emilio Sainz de Baranda, Head of Equity Derivatives Sales, "taking first place in the EXTEL ranking represents an enormous boost to our image in Europe as providers of equity derivatives. We are sure that this recognition will help us achieve our ambitious goal for 2014: winning 30 new institutional clients".

Arnaud Joubert, Head of Equity Derivatives Sales Europe ex-Spain, explained that "this award shows that our clients have a very positive perception of BBVA as a provider of equity derivatives. Our goal at Global Markets is to monetize this image and provide them with the additional products they need, products that we are already developing and soon will be added to our offering".

BBVA also has consolidated its second position as best equity house in Spain & Portugal, with 12% of the clients votes. Also, in every subcategory for this territory- Research, Sales, Corporate Access and  Trading & Execution - its results have been equaled or improved.

In the individual categories of this survey, Juan Antonio Rodríguez Gómez, Head of Equity Derivatives Research, won first place with 9.74% of the votes, followed by Ángel Gavilán, Head of Macro & Sovereign Bonds Europe, with 4.81%.

In this survey, BBVA was also chosen best derivative product firm by private banks and was ranked second by hedge funds.

The clients participating in the survey highlighted the "excellent distribution coverage" and the "very good activity of research", with "quick and accurate" services that are provided by "quality, committed and reliable professionals". Likewise, a majority of interviewees highlighted the "very good ideas" offered.

The EXTEL survey is the most important one conducted on Equity. Its results are obtained from a very large sample of clients whose weight depends on the volume of their activity. 12,000 professional investors from 2,253 firms, particularly European and American, take part in this survey.