Forex Tradition, also trading as FTradition has been highlighted by the Financial Conduct Authority as being a clone of the British divisions of Swiss interdealer broker Compagnie Financiere Tradition
Read moreSenior industry figures John Wilson, Dan Torrey and Rob Mountain join Compagnie Financiere Tradition SA (SWX:CFT), bringing institutional buy and sell-side infrastructure experience from major financial institutions with them to aid platform development, an area the company has concentrated keenly on since launching ParFX
Read moreCompagnie Financiere Tradition has reported consolidated revenue of CHF 214.2m in the fourth quarter 2014, up 6.2% in constant currencies from the equivalent quarter last year. The Group’s consolidated adjusted revenue was CHF 229.8m, up 7.8% at constant exchange rates with IDB up 7.0% and Non-IDB up 41.3%
Read moreSince the start of September 2014, Trad-X USD on-SEF volumes have seen a sharp increase. From the start of September to end of November, Trad-X executed more than 4,700 interest rate swap trades, worth a notional value in excess of USD 540 billion
Read morePrices from the Trad-X platform will facilitate the GMEX Exchange USD Interest Rate Swap futures launch
Read morePhilip Stafford from the Financial Times is reporting that the new CEO of Tullett Prebon John Phizackerley has indicated he will push the UK-based interdealer broker further into electronic trading, and invest as the industry struggles with significant structural change.
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 moreFirst major (planned) competitor to FXall, EBS, Hotspot FX et al to actually launch. France's Tradition S.A. today announced the formal launch of ParFX, its new spot FX ECN. The launch follows a period of testing with many global banks and independent software vendors. The platform is now open to all banks able to settle via…
Read more