TRADITION Company

Tradition Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Tradition Company, formally known as Compagnie Financière Tradition (CFT), was founded in 1959. It has established itself as one of the leading interdealer broking firms globally, specializing in facilitating transactions between financial institutions and professional traders across various capital markets.

Parent Company/Owning Structure

Tradition operates as a public company and is listed on the Swiss Stock Exchange under the stock symbol CFT. The firm is structured as a subsidiary of Compagnie Financière Tradition SA, which oversees its global operations and strategic direction.

Headquarters Location

Tradition's headquarters is located at 11, rue Langallerie, 1003 Lausanne, Switzerland. This strategic location places it at the heart of Europes financial services industry.

Global Business Scope

Tradition has a significant global footprint, with a presence in over 30 countries and a network of offices spanning 28 countries. This extensive reach allows it to cover all major financial centers worldwide, providing clients with comprehensive brokerage services across multiple markets.

Main Regulatory Bodies

Tradition is regulated by various financial authorities in the jurisdictions where it operates. These include the Swiss Financial Market Supervisory Authority (FINMA) and other local regulatory bodies in the countries where it conducts business.

2. Company History and Development

Key Milestones

Since its inception, Tradition has achieved several key milestones, including its expansion into international markets and its diversification into various financial products. Notably, the firm has significantly grown its capabilities in derivative markets, which have become a hallmark of its service offerings.

Business Expansion Journey

Over the last decade, Tradition has expanded primarily through organic growth. This includes the development of new services and the establishment of additional offices in key financial centers, enhancing its ability to serve clients effectively.

Customer Base Growth

Tradition's customer base has grown substantially, reflecting its ability to understand and meet the evolving needs of its clients. The firm serves a diverse clientele, including banks, hedge funds, and other financial institutions, leveraging its extensive network to provide liquidity and market insights.

Platform Development History

Tradition has continually invested in technology to enhance its trading platforms, ensuring they meet the demands of modern traders. This includes the integration of advanced trading tools and analytics to facilitate efficient trading across various asset classes.

Important Awards or Recognitions Received

Tradition has received various industry awards and recognitions for its services and innovations in brokerage. These accolades underscore the firm's commitment to excellence and its position as a leader in the interdealer broking space.

3. Trading Services Offered

Forex Trading Options

Tradition offers a robust selection of forex trading options, including access to a wide range of currency pairs. The firm provides traders with the ability to trade major, minor, and exotic currency pairs, facilitating diverse trading strategies.

Stock Trading Options

In addition to forex, Tradition also offers stock trading options. Clients can access a variety of equity markets, enabling them to trade shares from numerous global exchanges.

CFD Trading Products

Tradition provides Contracts for Difference (CFDs) on various financial instruments, allowing clients to speculate on price movements without owning the underlying asset. This includes CFDs on indices, commodities, and other financial products.

Other Financial Instruments

Tradition's product offering extends beyond traditional trading options. The firm provides access to various financial instruments, including cryptocurrencies, commodities (like oil and natural gas), and derivatives, catering to a wide array of trading preferences.

Special Services or Unique Advantages

One of Tradition's unique advantages is its extensive network and deep market knowledge, which enables it to provide clients with liquidity hubs and insights into local markets. Additionally, its strong capabilities in derivatives position it as a specialist in this area, offering tailored solutions to meet client needs.

4. Regulatory and Legal Background

Detailed Regulatory Information

Tradition is regulated by several key financial authorities, including:

• Swiss Financial Market Supervisory Authority (FINMA)
• Financial Conduct Authority (FCA) in the UK
• Other local regulatory bodies in the regions where it operates

Legal Entity Structure by Region

Tradition operates through various legal entities in different jurisdictions, ensuring compliance with local regulations. This structure allows it to cater to the specific legal and regulatory requirements of each market.

Client Fund Protection Measures

To protect client funds, Tradition adheres to strict regulatory requirements concerning fund segregation and capital adequacy. Clients' funds are held in separate accounts to ensure they are protected in the event of financial difficulties.

Countries/Regions Served

Tradition serves clients in multiple regions, including Europe, the Americas, and Asia-Pacific. Its global presence allows it to provide localized services while maintaining a consistent level of quality across different markets.

Compliance History

Tradition has a solid compliance history, reflecting its commitment to adhering to regulatory standards. The firm continuously monitors its operations to ensure compliance with applicable laws and regulations in all jurisdictions.

5. Competitive Landscape

3-5 Main Competitors

Tradition operates in a competitive landscape, with several key competitors in the interdealer broking sector. Notable competitors include:

• TP ICAP
• BGC Partners
• ICAP
• Refinitiv

Positioning in the Industry

Tradition positions itself as a leading specialist in interdealer broking, particularly in derivatives. Its extensive network and market expertise differentiate it from competitors, allowing it to provide tailored solutions to clients.

Market Differentiation Factors

Tradition's differentiation factors include its strong focus on client relationships, extensive product offerings, and deep market knowledge. The firm's ability to adapt to changing market conditions and client needs further enhances its competitive edge.

Conclusion

Tradition Company stands as a formidable player in the global financial services landscape, providing a comprehensive suite of brokerage services across various markets. With a rich history, a commitment to regulatory compliance, and a focus on client needs, Tradition continues to thrive in the competitive world of interdealer broking.

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