News & Events

Global markets are transitioning to overnight indices which better reflect the true funding costs of the market. Alternative reference rates (ARR) such as SOFR, ESTR, TONA, SONIA and many others have been selected to replace the IBORs. ARRs are overnight index swaps (OIS) and are the rate used for overnight lending between banks.

TraditionDATA, the data and information services division of French capital markets company Compagnie Financière Tradition, has added two senior market specialists to its sales teams as part of its continued global growth plans.

Steve Murphy, based in Madrid, and Bruce Messing, based in New York, have joined as senior business development managers.

TraditionDATA has added two senior market specialists to its sales teams as part of its continued global growth plans.

Incoming senior business development managers bring considerable experience to TraditionDATA, having previously served at SmartStream, Thomson Reuters, Broadridge and Bloomberg.

During this year’s Spanish Grand Prix, our CEO, Scott Fitzpatrick, was struck not only by the way they described the amount of data collected during a race but also by how that data is processed in real-time and relayed back to the drivers.

In this compelling article, Scott draws comparisons between the world of Formula 1 and the financial market data industry using Tradition’s Trad-X Interest Rate swap platform.

TraditionDATA today announced major SOFR enhancements to Bloomberg Capital Markets Package (BCMP), a joint data service between TraditionDATA, CME Group and Bloomberg, that is available via the Bloomberg Terminal.

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has announced major SOFR enhancements to the Bloomberg Capital Markets Package (BCMP), a joint data service between TraditionDATA, CME Group and Bloomberg, that is available via the Bloomberg Terminal.

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), announced major SOFR enhancements to Bloomberg Capital Markets Package (BCMP), a joint data service between TraditionDATA, CME Group and Bloomberg, that is available via the Bloomberg Terminal. Effective immediately, BCMP users will be able to access new SOFR-focused content, including USD Medium Term Swaps vs. SOFR, USD SOFR Basis Swaps and SOFR OIS Swaps data.

TraditionDATA, and CME Group have been recognised by the regulatory community as leaders in the process of migrating to new Alternate Reference Rates (ARRs). To this end, the firms have re-focused this unique service on SOFR as the underlying pricing mechanism.