The interdealer broker registered consolidated revenues of CHF 426.6 million ($448.1m) in the first half of 2015, with revenue from its Japanese forex business Gaitame.com up 64.5% from H1 2014.
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Read MoreTradition selects Azul Zing to boost predictability, cut latency across platforms
The Swiss interdealer broker keeps investing in cutting-edge technology, with Azul Zing to be integrated into all of its trading platforms.
Read MoreTradition records higher net profit in 2014, revenues rise in early 2015
Compagnie Financiere Tradition SA (SWX:CFT), the Switzerland-based interdealer broker, earlier today posted its financial metrics for full year 2014. The…
Read MoreBGC Partners introduces Indian Rupee NDF on BGC Trader platform
BGC Partners adds the Indian Rupee non-deliverable forward to its integrated voice and electronic price execution platform for the inter-bank and broker community
Read MoreTradition boosts platform development with key strategic hires
Senior 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 MoreICAP partners with Wind Information Co to facilitate access to offshore Chinese yuan
As a result of ICAP’s partnership with Wind Information Co, financial institutions will have access to offshore market data for the first time, including USD/CNH Fwd, USD/CNH Spot, USD/CNY NDF, US Treasury EOD data via Wind Financial Terminals (WFT), 24 hours a day, seven days a week
Read MoreFastMatch capitalizes on Swiss franc debacle, matches $24.3 billion in one day as independence from FXCM looms
FastMatch more than doubled its average daily volume for December in one day during the sharp changes in the market caused by the Swiss National Bank’s removal of the 1.20 peg on EURCHF, whilst FXCM looks to offload its 32% share in the company
Read MoreTradition SA sees 2014 Revenues down 4%, Japan FX down 16%, although Q4 was up 6%
Compagnie 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 MoreICAP announces growth of its EBS Liquidity Optimization business
With the battle for superiority among the ECNs increasing, ICAP’s electronic brokerage business EBS has experienced growth in its liquidity optimization service, with 15 new global customers having been onboarded within a year
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