The expansion will allow Tradition’s clients to source data from the broker in various FX … Tradition is Global Interdealer Broker and consistently the preeminent OTC broker in Asia Pacific. Inter-dealer brokers add value to financial institution traders in several ways. Because over-the-counter markets, by definition, are decentralized, liquidity and transparency are limited. Five big firms – ICAP, Tullett Prebon, GFI, BGC and Tradition – dominate 70% of the market, according to analysis by Celent. Tradition is the interdealer broking arm of Compagnie Financière Tradition and one of the worlds largest interdealer brokers in over-the-counter financial and commodity related products. These platforms allow traders to trade directly with one another, although each side's identity remains hidden. Compagnie Financière Tradition SA is one of the world’s largest interdealer brokers in over-the-counter financial and commodity-related products. Represented in 29 countries, Tradition employs 2,400 people globally. TraditionSEF has been granted registration by the US Commodity Futures Trading Commission (CFTC) as a multi-asset class swap execution facility. Tradition's innovative, award winning IRS platform, Trad-X, helped Tradition win the FOW Interdealer Broker and SEF of the Year awards. Tradition wins prestigious interdealer broker and SEF of the year awards, Tradition scoops Interdealer Broker of the Year prize at FOW International Awards, ParFX named e-FX initiative of the year by FX Week, Trad-X wins Best Industry Infrastructure Initiative at Banking Technology Awards, Growth in activity for the first nine months of 2020 in constant currencies despite a decrease in the third quarter, Growth of adjusted revenue by 12.5% in constant currencies to CHF 558.0m, 1st semester 2020 : Adjusted revenue up 12.5% in constant currencies to CHF 558.0m, Voting result of the Annual General Meeting and stock dividend, Stock dividend proposed at the Annual General Meeting on May 19 2020, Shareholders Invitation to Annual General Meeting, Annual Report 2019 of Compagnie Financière Tradition SA, Q1 2020: adjusted revenue up 20.0% in constant rates to CHF 303.5m, Growth of adjusted revenue by 4.7% in constant currencies to CHF 1,012.4m. Archipelago was an early ECN that later merged with the New York Stock Exchange to create the NYSE Arca exchange. Represented in over 28 countries, Tradition connects our clients to markets spanning five continents. Tradition's activities are overseen by global regulators including the FCA, SEC and CFTC. Previously, employees spent their days on the telephone, to the point that they were called "voice brokers." Tradition saw activity grow in the first semester with reported consolidated revenue of CHF 512.8 million compared with CHF 474.3 million in same period in 2019, up 13.6% in constant currencies. With the support of participants, we have seen a material increase in volumes traded on the platform this year. The project brings progress to a market in which the big three firms have acquired their … In 2015, Tradition focused on strengthening its multi-asset electronic, hybrid and voice divisions, with strategic investments in technology, resources and people enabling it to maintain its role at the forefront of trading and innovation. Interdealer broker Tradition is opening the doors to central limit order book trading for buy-side swaps market participants with its Trad–X D2C platform. July 16, 2020Pillar 3 disclosure; June 9, 2014VolCall Shortlisted for FX Week Awards: "e-FX initiative of the year" More News. IDBs are characterized as sales and networking professionals in less liquid markets. Tradition is represented in 29 countries and is one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. 10 December 2014 - Tradition scoops Interdealer Broker of the Year prize at FOW International Awards. Tradition won the top accolade awarded to interdealer brokers for the second consecutive year, as well as the prestigious SEF of the Year award. Mr. Watson lands in a new role after more than three decades in the financial services industry. Tradition is one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. However, after-hours marketing of the firm is still required to keep customers happy. An interdealer broker is a brokerage firm that operates in the over-the-counter or bond market and acts as an intermediary between major dealers and facilitates inter-dealer trades. Tradition is the 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. Large firms like ICAP have annual revenues well … LinkedIn AiX approached Rainbird with an aim to transform the Inter Dealer Brokerage market by making trading simpler, more efficient, and more transparent. Represented in over 28 countries, Compagnie Financière Tradition is listed on the Swiss stock exchange. Compagnie Financière Tradition is listed on the Swiss stock exchange. TraditionDATA, the data arm of interdealer broker Tradition, has made its interest rate swap and foreign exchange data products available on the Amazon Web Services (AWS) Exchange cloud platform. Our success at building and retaining relationships with clients and staff is how we distinguish ourselves from the other interdealer brokers. A contra broker is a broker that is taking the opposite side of a transaction initiated by another broker. Numerix is working with TraditionDATA, the information services arm of Tradition, to deploy its analytics and create data on volatility for more than 130 currency pairs. Interdealer brokers recruit graduates for voice and electronic broking. IDBs work with large blocks of securities where there is low trading volume. The inter-dealer broker focuses on trades where there is no formal exchange or market maker system. Tradition is the 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. Represented in over 29 countries, Compagnie Financière Tradition S.A. is listed on the Swiss stock exchange. Tradition, one of the world's largest interdealer brokers in over-the-counter commodity and financial products, has won the coveted Interdealer Broker of the Year Award at the FOW International Awards in London. Swiss interdealer broker Compagnie Financiere Tradition SA (SWX:CFT) announced that has delivered an initial margin optimization in FX, after extending its partnership with LMRKTS, a compression and analytics provider. DISCLAIMER – MARKET DATA Any market price data “Data” provided by Tradition Asia Pacific Pte Ltd (“Tradition”) directly or indirectly is purely indicative of where … Live FX options trading platform. Inter-dealer brokerages operate on small spreads, but they handle substantial transactions. Designed by Tradition – one of the world’s largest interdealer brokers in over-the-counter financial and commodity-related products – in conjunction with a group of the world’s leading FX banks, ParFX brings renewed transparency and equality to global wholesale electronic spot FX trading. Represented in over 28 countries, Compagnie Financière Tradition is listed on the Swiss stock exchange www.tradition.com. Represented in over 28 countries, Tradition connects our clients to markets spanning five continents. TraditionDATA starts with a completely new executive management team behind it. Henry Scanlan. 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