News & Events

Market data suppliers and consumers continue to argue over the complexity of different market data licensing models—something that represents an increased challenge for firms simultaneously grappling with demand for more data and potential budget cuts resulting from the Covid-19 outbreak.

The significant increase in business volumes and the positive impact on the Group's revenues once again demonstrate the essential nature of Compagnie Financière Tradition's core business which ensures liquidity in the financial markets across the different asset classes globally, while optimising prices for its clients.

Compagnie Financière Tradition, an interdealer broker in over-the-counter financial and commodity related products, today published its financial results for 2019, with the report revealing higher revenues and profits.

Tradition has reported an increase in demand the for SOFR market data via its TraditionDATA offering to gain an accurate picture of market context and colour.

Trad-X, the platform for interest rate derivatives, launched the multi-lateral trading facility last month.

The rising costs and complexities associated with data packages, coupled with client demand for focus, granularity, value and efficient distribution, led to Tradition – one of the world’s largest interdealer brokers – revamping its market data and information services division.

Traders Magazine Editor John D’Antona Jr. sat down with Scott Fitzpatrick, Head of TraditionDATA, to find out why he subscribes to this view, and what the business is doing to enhance the market data industry and consumer experience.

In October 2019 a landmark HONIA transaction was completed in an effort helmed by broker Tradition (Asia), one of the five firms whose contributions form the basis for the calculation of the HONIA.

Interdealer broker Trad-X has confirmed the launch of a dealer-to-client electronic central limit order book, as it looks to provide an alternative to the traditional request for quote (RFQ) trading protocols.

Trad-X, the market-leading platform for interest rate derivatives, has launched the industry’s first dealer-to-client (D2C) pure electronic central limit order book (CLOB) and completed a number of live transactions between dealers and non-dealers.