- Who We Are
- What We Do
- Market Info / Blog
- News / Educational Events
Compagnie Financière Tradition reported consolidated revenue for the first quarter of 2011 of CHF302.7m, compared with CHF 319.6m for the equivalent period in 2010, a decrease of 5.3% at current exchange rates but an increase of 3.8% at constant exchange rates. Revenue from interdealer broking (IDB) activities (excluding Gaitame.com) was up 7.6% in the first three months of 2011 compared with the first quarter of last year at constant exchange rates..
The level of activity was higher than in the fourth quarter 2010, with consolidated revenue up
13.7% at constant exchange rates.
The United Kingdom and the Americas are still the Group’s major areas of activity, contributing 36.1 and 29.5% of revenue respectively, against 37.7% and 28.8% in 2010. Asia accounted for 24.2% of revenue during the period against 23.3% in 2010 whilst Continental Europe remained unchanged at 10.2% of revenue.
With a presence in 27 countries, Compagnie Financière Tradition SA is one of the world’s leading interdealer brokers (IDB). The Group provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals).
Compagnie Financière Tradition (CFT) is listed on the SIX Swiss Exchange. You can find out more about our Group on our website at www.tradition.com.
Lausanne, 27 April 2011
Compagnie Financière Tradition SA Rochat & Partners
Patrick Combes, President Philippe Dunant
Tel.: +41 21 343 52 78 Tel.: +41 22 718 37 42
Tradition Energy is one of the world’s largest energy management and procurement advisors to commercial, industrial and governmental organizations with over 300 energy specialists in 11 offices covering both the wholesale and retail energy markets since 1986. Tradition Energy is part of the Tradition Group, a leading global institutional broker of financial and commodity products. Tradition employs over 2,500 people in 27 countries around the world and is publically listed on the Swiss stock exchange (CFT).