PRESS RELEASE
LAUSANNE, 9 DECEMBER 2015Broker wins IDB of the year accolade for second consecutive year
TraditionSEF praised by judge for its 'true adherence to the spirit of Dodd-Frank'
Tradition, one of the world's largest interdealer brokers in commodity and financial products, has won the Interdealer Broker (IDB) of the Year and SEF of the Year titles at the FOW International Awards, presented last night.
The FOW International Awards for 2015 took place in London and recognise the leaders in derivatives trading, brokerage and technology innovation. Tradition won the top accolade awarded to interdealer brokers for the second consecutive year, as well as the prestigious SEF of the Year award.
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. In particular, it differentiates itself through its commitment to working with a broad range of market participants to deliver multi- asset solutions. One judge commented that Tradition 'have focused on building solutions that fit a market requirement without simply trying to protect the status quo of the historic mode of operation.'
The judges also recognised the market-leading role of TraditionSEF, the Swap Execution Facility operated by Tradition, which was praised by one judge for its 'true adherence to the spirit of Dodd-Frank.'
'Tradition is a leading wholesale markets broker offering voice, electronic and hybrid solutions. We are strongest as an independent global market-focused execution venue and remain more innovative and nimble than our competitors. This is a source of major competitive advantage as we head in to 2016.'
PRESS RELEASE
ABOUT TRADITION
Compagnie Financière Tradition SA, one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 28 countries, Compagnie Financière Tradition SA employs 2,200 people globally and its activities are overseen by global regulators including the FCA, SEC and CFTC. Compagnie Financière Tradition SA is listed on the Swiss stock exchange. For more information, please visit www.tradition.com. Tradition and ParFX are registered trade marks of Compagnie Financière Tradition S.A.
MEDIA CONTACTS
Nick Murray-Leslie/Ataur Rahman Chatsworth Communications
+44 (0)20 7440 9780
tradition@chatsworthcommunications.com
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