The Group's activity grew during the year, with reported consolidated revenue of CHF 947.4 million compared with CHF 873.6 million in 2021, an increase of 10.5% at constant exchange rates or 8.4% at current exchange rates. Reported operating profit for the year was CHF 94.2 million against CHF 73.2 million in 2021, an increase of…
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Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) reported first-quarter consolidated revenue of CHF 213.4 million compared with CHF 219.5 million in same period in 2016, up 0.2% in constant currencies. At current exchange rates, consolidated revenue showed a decrease of 2.8%, impacted by the weakness of pound sterling compared to the same period last year.…
Read moreCompagnie Financiere Tradition SA and The Ueda Yagi Group have announced a new joint venture to broker Japanese Derivatives. Tradition has a long history in Japan, being a part of the Japanese market since 1985. Tradition owns Gaitame, one of Japan's leading retail forex brokers. Ueda Yagi has an even longer history and record in the Japanese…
Read moreTradition provides broking services for a complete range of financial products - money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures...
Read moreSwitzerland's Compagnie Financiere Tradition has today announced that it has purchased the remaining share of is Japanese joint venture partner Swiss interdealer broker Compagnie Financiere Tradition (CFT:SIX Swiss Ex) has announced today that after a long and successful partnership with its joint venture partner in Japan, Central Tanshi, both entities have agreed to reorganize the ownership…
Read moreGaitame parent Tradition, which also holds an interest in FXDD, reports overall 3% drop in revenue Compagnie Financière Tradition reported first-quarter consolidated revenue of CHF 221.6 million, compared with CHF 235.3m in same period in 2013, a decline of 5.8% at current exchange rates or 2.8% in constant currencies. For the same period, the Group’s…
Read moreGaitame's parent company Tradition sees some improvement this year, however, as volumes pick up. Earlier today, interdealer broker Compagnie Financière Tradition (or just "Tradition") released its 2012 Annual Report. Among the nuggets of information was a note that Gaitame, a mid-size retail FX broker in Japan in which Tradition holds a 49% stake, saw a…
Read moreTradition's revenue numbers surprisingly decline in all areas but in Japan to open up 2013. Compagnie Financière Tradition (or "Tradition"), a leading interdealer broker which also owns stakes in retail FX firms FXDD (a member of LeapRate's Approved List of global regulated FX brokers) and Gaitame of Japan, reported their Q1 revenue results today, which…
Read moreAdds Mitsubishi UFJ and Nomura as liquidity banks. France's Tradition S.A. announced that two leading Japanese banking groups, Mitsubishi UFJ and Nomura, are joining nine other banks (Barclays, BNP Paribas, Deutsche Bank, Morgan Stanley, Royal Bank of Canada, SEB, Standard Chartered, State Street and UBS) in backing Tradition's yet-to-be-launched spot Forex ECN, to be called ParFX. Tradition had previously…
Read more... and based on recent data, appears a lot smaller than many estimate.
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