For the 2026 Latin America Trading & Execution Team, Extel polled buy-side traders and other investment professionals at asset management firms with investments in Latin America equities, asking them to rate brokers in 4 categories for trading and execution. We received responses from 163 individuals at 146 firms.
The attribute scores were aggregated and weighted by the responding firm’s Latin America commission range to create the overall Latin America Trading & Execution Leaders.
July 29, 2026
BTG Pactual has topped Extel's 2026 Latin America Trading Survey as the region's leading trading and execution broker, extending its run at the top to six consecutive years — and this time doing it with a clean sweep, finishing first in electronic, high-touch, portfolio/program, and Delta One/ETF trading.
Itaú BBA's consistency was just as striking: the firm placed second overall and second in every single execution channel, underscoring how tightly matched the top two remain across the board.
One Firm Dominates LatAm Trading & Execution July 29, 2026
Methodology summary
Survey Information CONTENTS
