Tradition Financial Services
|Compagnie Financière Tradition (CFT)|
|Headquarters||(TFS) Stamford, CT & New York, NY|
|Products||Currency, Equity, Energy (Weather & Power), Environmental, property and metal products|
TFS is a subsidiary of Compagnie Financière Tradition (CFT), a financial and commodity-related broker. With offices worldwide,TFS covers currency options, equity derivatives, freight, precious metals, energy, property derivatives and pulp & paper markets.
TFS Energy brokers OTC energy and energy-related physical and derivative products --including electricity, natural gas, crude oil and refined products, coal, environmental products and weather derivatives-- and exchange-traded futures and options. In 2008, TFS launched weather auctions for their clients. 
Stamford-based TFS, is the largest broker of weather derivatives in the world. This year, TFS completed an auction on behalf of UBS looking to hedge its risk. The deal totaled in excess of $60 million and ended up being oversubscribed because of the high amount of interest in the transaction. TFS also recently brokered the first-ever weather derivatives auction for a company in Rometotaling $40 million. Other auctions included an auction for the agricultural industry  and the first auction for Asia. These weather auctions traded over $160 million in notional value.