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LONDON, 16 September 2011 – Tradition, one of the world’s leading interdealer brokers, has been voted the number one broker in seven interest rate, currency, and equity categories in Risk’s Annual Interdealer Rankings 2011. The company’s options market joint venture with ICAP, called Tradition-ICAP, was also awarded first place in six currency products categories.
Mike Leibowitz, Tradition’s CEO for EMEA, commented:
“We are really pleased with this achievement. It is a reflection of our commitment to deliver a professional service to our clients and we are delighted that our hard work and expertise have been recognised. The awards are a testament to the breadth and depth of our high-quality, flexible brokerage services in a comprehensive range of financial markets.”
Tradition was voted best broker in four interest rate categories: it took first place in short-term interest rates (yen); interest rate swaps (2-10 years, yen); interest rate swaps (10+ years, yen); and repurchase agreements (yen). In the currency category, the firm took first place in swaps (euro/yen). In addition, Tradition came first in two equity categories: equity index options (SMI) and equity index options (CAC40).
Tradition-ICAP was awarded best broker in six currency categories: options (US dollar/euro); options (US dollar/sterling); options (US dollar/swiss franc); exotics (US dollar/euro); exotics (euro/yen); and exotics (euro/sterling).
The rankings polled more than 1,000 market professionals that broker products in the interest rate, currency, credit and equity markets. They reflect clients’ top choices for the year among global dealers and brokers in the over-the-counter derivatives markets.
Kayi Ho – Marketing & Communications, Tradition
Tel: +44 (0)20 7198 5820
Lewis Clark – Brunswick Group
Tel: +44 (0)20 7404 5959
Tradition is one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 27 countries, Tradition employs 2,400 people globally. Tradition is the interdealer broking arm of Compagnie Financière Tradition (CFT) and listed on the Swiss stock exchange. For more information, please visit www.tradition.com.
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).