Tag: Tradition

June 24, 2019 BY Valentina Kirilova

Tradition launches revamped market data business TraditionDATA

Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) announced that it has launched its newly-revamped market data and information services division, TraditionDATA. TraditionDATA starts with a completely new executive management team behind it. The division offers flexible data packages tailored to individual requirements, ensuring clients only pay for the specific data they need. This is in…

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June 27, 2018 BY Valentina Kirilova

Tradition FX liquidity arm DeepWell adds seven executives in global expansion

DeepWell Liquidity Management, the global financial markets intermediary for the buy-side community and Tradition FX liquidity arm, has announced that it has added seven senior market professionals to its team across three continents as it eyes further growth and expansion into different asset classes. DeepWell launched in September 2017 and offers global coverage across a…

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Eurex reports 192.1 million traded contracts in June
December 05, 2017 BY Valentina Kirilova

Eurex Clearing cooperates with five execution platforms for OTC service

BGC Partners, Bloomberg, i-Swap, a TP ICAP Group company, Tradeweb and Tradition’s Trad-X are each seeking to become an ‘Approved Platform’ as part of the Eurex Clearing Partnership Program framework.  Eurex Clearing, one of theCentral Counterparties (CCP) and part of Deutsche Börse Group, announced that it cooperates with major execution platforms for OTC traded interest…

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January 12, 2017 BY Valentina Kirilova

NEX Group sets agreement to distribute Tradition market data

NEX Data, a NEX Group (LON:NXG) business which delivers global pricing data and information solutions, and Tradition, an interdealer broker in over-the-counter commodity and financial products, just announced that they have agreed a distribution partnership. NEX Data will become a key distributor for Tradition’s market data and information services division, TraditionDATA. The agreement includes real-time and end-of-day…

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August 01, 2016 BY Valentina Kirilova

LMRKTS and Tradition announce a combined FX compression service offering

The compression provider LMRKTS has recently facilitated the first multilateral FX compression designed to lower counterparty exposures and consolidate cash flows. LMRKTS has announced today a new strategic partnership with Tradition, wholesale market brokers in over-the-counter financial and commodity related products. The partnership between the two firms will initially handle execution and compression processing unique to…

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January 22, 2016 BY Maria Nikolova

CFTC registers 18 swap execution facilities

The United States Commodity Futures Trading Commission (CFTC) today issued Orders awarding registration to 18 swap execution facilities (SEFs). The facilities that obtained Registration Orders today previously were operating under temporary registration status, the regulator explained in its announcement. SEFs are trading facilities that operate under CFTC’s regulatory oversight for trading and processing swaps. SEFs…

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January 22, 2016 BY Maria Nikolova

Weaker trading activity hits Tradition's revenues in Q4 2015

Swiss interdealer broker Compagnie Financiere Tradition SA (SWX:CFT) earlier today posted its key financial metrics for the final quarter and full year 2015, with slower trading activity in the last three months of the preceding year weighing on revenues. For Q4 2015: The reported consolidated revenue for Q4 2015 of CHF 190.7 million ($188.6m), down…

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