Tag: Compagnie Financiere Tradition

April 28, 2017 BY Valentina Kirilova

Compagnie Financiere Tradition revenues down 3% in Q1, Japan Retail Forex down 20%

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.…

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April 30, 2014 BY Andrew Saks-McLeod

Meitan Tradition becomes wholly owned subsidiary of Tradition

Switzerland'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…

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April 24, 2014 BY Andrew Saks-McLeod

Gaitame Japan sees 25% decline in Q1 revenues

Gaitame 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…

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April 30, 2013 BY Gerald Segal

Gaitame Japan sees revenues decline 20% in 2012

Gaitame'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…

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April 24, 2013 BY Gerald Segal

Tradition sees Q1 revenues decline 11%

Tradition'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…

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February 01, 2013 BY Gerald Segal

Tradition prepares for launch of Forex ECN, now called ParFX

Adds 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…

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