News & Events

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 has unveiled three senior hires with Jeffrey Maron, New York-based, and Jim Swanson, London-based, joining the firm 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.

The hires include Jeffrey Maron, Jim Swanson and Nobuyuki Ikeda, and their appointments reflect TraditionDATA’s commitment to further developing innovative data products and grow the company, the cross-asset OTC data provider said.

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.