Difference between revisions of "Compagnie Financière Tradition"

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{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
 
{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
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| company_name =   Compagnie Financière Tradition
 
| company_logo =  [[Image:Tradition.jpg]]
 
| company_logo =  [[Image:Tradition.jpg]]
 
| key_people =    [[Patrick Combes]], Chairman, CEO
 
| key_people =    [[Patrick Combes]], Chairman, CEO
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Compagnie Financière Tradition (CFT) is an [[interdealer broker]] in [[over-the-counter]] financial and commodity related products. <ref>{{cite web|url=http://www.tradition.com/about-us.aspx|name=About Us|org=Tradition Group|date=December 4, 2012}}</ref> CFT acts as an intermediary in financial and commodity transactions in 27 countries spanning five continents. It is majority-owned by VIEL & Cie. TSH SA and TFS SA are the two subsidiaries operated by CFT.<ref>{{cite web|url=http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=CFT:SWX|name=Compagnie Financiere Tradition SA|org=FT|date=Feb 11, 2014}}</ref>
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Compagnie Financière Tradition (CFT) is an [[interdealer broker]] in [[over-the-counter]] financial and commodity related products. <ref>{{cite web|url=http://www.tradition.com/about-us.aspx|name=About Us|org=Tradition Group|date=December 4, 2012}}</ref> CFT acts as an intermediary in financial and commodity transactions in 28 countries spanning five continents. It is majority-owned by VIEL & Cie. TSH SA and TFS SA are the two subsidiaries operated by CFT.<ref>{{cite web|url=http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=CFT:SWX|name=Compagnie Financiere Tradition SA|org=FT|date=Feb 11, 2014}}</ref>
  
CFT only operates as a broker, taking no positions or dealing risks in the financial markets.
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Tradition is the North American interdealer broking arm of Compagnie Financière Tradition and one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Compagnie Financière Tradition is listed on the Swiss stock exchange. It only operates as a broker, taking no positions or dealing risks in the financial markets.
  
CFT's North American subsidiary, Tradition, NA, is one of the five founding firms of the [[Wholesale Markets Brokers' Association Americas Inc.]] (WMBAA). The industry advocacy group, which also includes [[BGC Partners]], [[ICAP]], [[Tullett Prebon]] and [[GFI Group]], was formed in 2009 to "promote the quality and standards of the industry and a better understanding of the critical role played by wholesale brokers in the efficient functioning of financial markets."<ref>{{cite web|url=http://www.wmbaa.com/2009/07/wholesale-market-brokers-form-new-association/|name=Wholesale Market Brokers Form New Association|org=WMBA Americas|date=Feb 11, 2014}}</ref> One of the WMBAA's events is SEFCON, an annual conference on issues related to the regulation of [[swap execution facilities]].
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Tradition is also one of the five founding firms of the [[Wholesale Markets Brokers' Association Americas Inc.]] (WMBAA). The industry advocacy group, which also includes [[BGC Partners]], [[ICAP]], [[Tullett Prebon]] and [[GFI Group]], was formed in 2009 to "promote the quality and standards of the industry and a better understanding of the critical role played by wholesale brokers in the efficient functioning of financial markets."<ref>{{cite web|url=http://www.wmbaa.com/2009/07/wholesale-market-brokers-form-new-association/|name=Wholesale Market Brokers Form New Association|org=WMBA Americas|date=Feb 11, 2014}}</ref> One of the WMBAA's events is SEFCON, an annual conference on issues related to the regulation of [[swap execution facilities]].
  
 
== History ==
 
== History ==
  
On 15 January 2014, Compagnie Financière Tradition announced that [[Lloyds Bank plc]] joins Tradition’s [[Trad-X]] platform as a founder.<ref>{{cite web|url=http://www.tradition.com/media/217403/lloyds_bank_joins_tradition_s_trad-x_platform_as_founder_en.pdf|name= Lloyds Bank joins Tradition’s Trad-X® Platform as a Founder|org=Compagnie Financière Tradition|date=Feb 11, 2014}}</ref> Trad-X is Tradition's new hybrid trading platform for [[OTC]] [[derivatives]] and other financial instruments, which operated as an FCA-regulated [[Multilateral Trading Facility]](MTF) and enables clients to trade interest rate swaps and has been conceived with the ability to cover all currencies and products across the rates spectrum.<ref>{{cite web|url=http://forexmagnates.com/compagnie-financiere-tradition-gets-llyods-bank-to-join-its-trad-x-mtf-as-founder/|name=Compagnie Financiere Tradition Gets Lloyds Bank To Join Its Trad-X MTF as Founder|org=Forex Magnates|date=Feb 11, 2014}}</ref><ref>{{cite web|url=http://www.trad-x.com/about-us.aspx|name=ABOUT TRAD-X|org=Compagnie Financière Tradition|date=Feb 11, 2014}}</ref><ref>{{cite web|url=http://www.trad-x.com/news/2014/lloyds-bank-joins-tradition%E2%80%99s-trad-x-platform-as-a-founder.aspx|name=Lloyds Bank joins Tradition’s Trad-X Platform as a Founder|org=Compagnie Financière Tradition|date=Feb 11, 2014}}</ref>
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On 15 January 2014, Compagnie Financière Tradition announced that [[Lloyds Bank plc]] joined Tradition’s [[Trad-X]] platform as a founder.<ref>{{cite web|url=http://www.tradition.com/media/217403/lloyds_bank_joins_tradition_s_trad-x_platform_as_founder_en.pdf|name= Lloyds Bank joins Tradition’s Trad-X® Platform as a Founder|org=Compagnie Financière Tradition|date=Feb 11, 2014}}</ref> Trad-X is Tradition's new hybrid trading platform for [[OTC]] [[derivatives]] and other financial instruments, which operated as an FCA-regulated [[Multilateral Trading Facility]](MTF) and enables clients to trade interest rate swaps and has been conceived with the ability to cover all currencies and products across the rates spectrum.<ref>{{cite web|url=http://forexmagnates.com/compagnie-financiere-tradition-gets-llyods-bank-to-join-its-trad-x-mtf-as-founder/|name=Compagnie Financiere Tradition Gets Lloyds Bank To Join Its Trad-X MTF as Founder|org=Forex Magnates|date=Feb 11, 2014}}</ref><ref>{{cite web|url=http://www.trad-x.com/about-us.aspx|name=ABOUT TRAD-X|org=Compagnie Financière Tradition|date=Feb 11, 2014}}</ref><ref>{{cite web|url=http://www.trad-x.com/news/2014/lloyds-bank-joins-tradition%E2%80%99s-trad-x-platform-as-a-founder.aspx|name=Lloyds Bank joins Tradition’s Trad-X Platform as a Founder|org=Compagnie Financière Tradition|date=Feb 11, 2014}}</ref>
  
 
At [[SEFCON]] III, held in November 2012, John Lothian News interviewed Tradition's [[Julian Harding]], one of the founding members of the [[WMBAA]] board and the 2012 vice-chairman of the organization. The interview can be viewed on [http://www.johnlothiannews.com/2012/12/otc-brokers-exchanges-futurization-swaps-julian-harding/#.VUpqUPnBwXA JohnLothianNews.com]
 
At [[SEFCON]] III, held in November 2012, John Lothian News interviewed Tradition's [[Julian Harding]], one of the founding members of the [[WMBAA]] board and the 2012 vice-chairman of the organization. The interview can be viewed on [http://www.johnlothiannews.com/2012/12/otc-brokers-exchanges-futurization-swaps-julian-harding/#.VUpqUPnBwXA JohnLothianNews.com]

Revision as of 13:21, 13 August 2019

Compagnie Financière Tradition
Tradition.jpg
Founded 1959
Headquarters Lausanne, Switzerland
Key People Patrick Combes, Chairman, CEO
Employees 2450
Products Inter-dealer brokerage services
Website www.tradition.com
Releases Company News

Compagnie Financière Tradition (CFT) is an interdealer broker in over-the-counter financial and commodity related products. [1] CFT acts as an intermediary in financial and commodity transactions in 28 countries spanning five continents. It is majority-owned by VIEL & Cie. TSH SA and TFS SA are the two subsidiaries operated by CFT.[2]

Tradition is the North American interdealer broking arm of Compagnie Financière Tradition and one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Compagnie Financière Tradition is listed on the Swiss stock exchange. It only operates as a broker, taking no positions or dealing risks in the financial markets.

Tradition is also one of the five founding firms of the Wholesale Markets Brokers' Association Americas Inc. (WMBAA). The industry advocacy group, which also includes BGC Partners, ICAP, Tullett Prebon and GFI Group, was formed in 2009 to "promote the quality and standards of the industry and a better understanding of the critical role played by wholesale brokers in the efficient functioning of financial markets."[3] One of the WMBAA's events is SEFCON, an annual conference on issues related to the regulation of swap execution facilities.

History

On 15 January 2014, Compagnie Financière Tradition announced that Lloyds Bank plc joined Tradition’s Trad-X platform as a founder.[4] Trad-X is Tradition's new hybrid trading platform for OTC derivatives and other financial instruments, which operated as an FCA-regulated Multilateral Trading Facility(MTF) and enables clients to trade interest rate swaps and has been conceived with the ability to cover all currencies and products across the rates spectrum.[5][6][7]

At SEFCON III, held in November 2012, John Lothian News interviewed Tradition's Julian Harding, one of the founding members of the WMBAA board and the 2012 vice-chairman of the organization. The interview can be viewed on JohnLothianNews.com

Key People

References

  1. About Us. Tradition Group.
  2. Compagnie Financiere Tradition SA. FT.
  3. Wholesale Market Brokers Form New Association. WMBA Americas.
  4. Lloyds Bank joins Tradition’s Trad-X® Platform as a Founder. Compagnie Financière Tradition.
  5. Compagnie Financiere Tradition Gets Lloyds Bank To Join Its Trad-X MTF as Founder. Forex Magnates.
  6. ABOUT TRAD-X. Compagnie Financière Tradition.
  7. Lloyds Bank joins Tradition’s Trad-X Platform as a Founder. Compagnie Financière Tradition.