News & Events

Tradition noted the increasing volume of activity on the financial markets and its positive impact on the Group’s revenues.

Refinitiv has adopted a waterfall methodology to ensure a robust rate is published in almost all circumstances. The primary source of data is executable bids and offers from TP ICAP’s i-Swap and Tradition’s Trad-X electronic platforms.

Stelios Tselikas, chief operating officer at ICE Benchmark Administration, told Markets Media: “We have a robust waterfall methodology using the best available data. In level one, we are using data from three trading venues – BGC, Tradition and TP ICAP.”

ICE Benchmark Administration has started publishing beta term SONIA rates for testing, using data from BGC, TP ICAP, and Tradition’s Trad-X central limit order books.

Trad-X, the trading platform for interest rate derivatives, has added UniСredit as a dealer and ACTIAM as a non-dealer to its dealer-to-client (D2C) electronic central limit order book (CLOB).

UniCredit and investment manager ACTIAM have signed up to the dealer-to-client electronic central limit order book for interest rate derivatives trading from Trad-X.

Interdealer broker Tradition says its data sales team is seeing better results and an improved sales pipeline after taking advantage of free training courses for industry association FISD’s Financial Information Associate (FIA) certification program.

TraditionDATA, a provider of global cross-asset OTC data, landed senior executives for its team – Jeffrey Maron, New York based, and Jim Swanson, London based, onboarded as Global Head of Product and Global Vendor Relations Manager respectively, while Nobuyuki Ikeda has been named as a Senior Business Development Manager based in Tokyo.

TraditionDATA, the market data arm of Swiss interdealer broker Compagnie Financière Tradition, is seeing growing demand for historic data as firms seek to learn lessons from the volatility and elevated trading volumes triggered by Covid-19.

TraditionDATA, a leading provider of global cross-asset OTC data, is pleased to announce three significant hires to the global team. Jeffrey Maron, New York based, and Jim Swanson, London based, join the team as Global Head of Product and Global Vendor Relations Manager respectively, while Nobuyuki Ikeda has been appointed as a Senior Business Development Manager based in Tokyo.