Compagnie Financière Tradition Sees 41.9% Uptick in Operating Profit in H1 2023*
Moving forward, Compagnie Financière Tradition aims to continue its organic growth strategy. The company will also keep an eye out for external growth opportunities. Emphasizing “the quality of its balance sheet and cost discipline,” the firm plans to invest in its hybrid broking capabilities and data analytics activities, backed by its in-house data science expertise.
Compagnie Financière Tradition: First semester 2023, Growth in adjusted revenue to CHF 552.4m, up 11.8%*
Compagnie Financière Tradition continued to grow in the first semester 2023 with consolidated adjusted revenue up 11.8% for the period at constant exchange rates, driven by its strategy of organic growth.
Against this backdrop, Compagnie Financière Tradition reported consolidated revenue of CHF 513.3m in the first semester 2023 compared with CHF 483.9m in same period in 2022, up 6.1% at current exchange rates. At constant exchange rates, consolidated revenue presented an increase of 12.5%.
Compagnie Financière Tradition Reports Jump in Net Profit Group Share*
Compagnie Financière Tradition reported a net profit group share of CHF 70.9 million during the last year, which is up 24.4% at constant exchange rates compared to 2019.
Compagnie Financière Tradition marks steep rise in revenues in Q1 2020*
Compagnie Financière Tradition, an interdealer broker in over-the-counter financial and commodity related products, today released a revenue update for the first quarter of 2020.
Sterling volume boosted to record high; North America turnover drops*
"However, the decline in dollar/yuan is larger than most market observers probably expected" said Dan Marcus, CEO of trading platform ParFX.
FX Daily Turnover In UK Reaches Record*
Dan Marcus, chief executive of ParFX, Tradition’s wholesale electronic spot FX trading platform, agreed in an email that the 11% year-on-year increase in trading activity bolsters London’s position as a global trading hub.
Brexit Boosts Pound Trading on Both Sides of the Atlantic*
“The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation,” said Dan Marcus, chief executive of foreign-exchange platform ParFX.
Sterling volume boosted by Brexit to record high; N.America turnover drops*
“The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected,” said Dan Marcus, CEO of trading platform ParFX.
Sterling volume boosted by Brexit to record high; N.America turnover drops*
“The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected,” said Dan Marcus, CEO of trading platform ParFX.
Sterling volume boosted by Brexit to record high; N.America turnover drops*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected," said Dan Marcus, CEO of trading platform ParFX.