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Title
Date
Location
Category
Quantalys Inside 2020
01.12.2020
Paris
Exhibitions and Congresses

Further information will be available shortly here or under Quantalys Inside 2020.

DKF 2021, 10. D-A-CH Kongress für Finanzinformationen
04.05.2021
Munich
Exhibitions and Congresses

We will again be represented at the DKF this year and look forward to your visit to our stand.

Further information will be available here soon or on the official DKF 2021 website.

19th COPS Usertreff
24.06.2021
Rust
Exhibitions and Congresses

As in previous years, COPS invites to their annual COPS user meeting this year from 24 to 25 June 2021 at the Seehotel Rust in Rust on Neusiedlersee.

The customers can expect a versatile and varied program, ranging from innovations in software solutions, successful project reports to practical application examples.

As a strategic partner, COPS gives us the opportunity to present our company and our solutions and show-case the cooperation with COPS.

On site, our colleagues Catherine Hanek, Achim Beisswenger and Sebastian Ullrich will be available for a lively exchange of ideas.

You can find further information here...

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GlobeNewswire

23.10.2020 GlobeNewswire: Compagnie Financière Tradition: Growth in activity for the first nine months of 2020 in constant currencies despite a decrease in the third quarter

Compagnie Financière Tradition: Growth in activity for the first nine months

of 2020 in constant currencies despite a decrease in the third quarter PRESS

RELEASE Lausanne, 23 October 2020

 

Growth in activity for the first nine months of 2020 in constant currencies

despite a decrease in the third quarter

 

After a first half-year showing strong growth in a context of the COVID-19

pandemic which generated increased volatility in the financial markets,

Compagnie Financière Tradition’s activity decreased in the third quarter of

2020. This recent development must nevertheless be put into perspective of a

particularly sustained level of activity recorded during the third quarter of

last year. It should also be noted that the strengthening of the Swiss franc

during this period of uncertainty had a negative impact on revenue at current

exchange rates.

 

Thus, over the first nine months of the year, reported consolidated revenue of

Compagnie Financière Tradition increased by 4.2% at constant exchange rates. At

current exchange rates, consolidated revenue was CHF 698.5m compared with CHF

705.1m in the same period in 2019, representing a slight decrease of 0.9%. The

Group’s consolidated adjusted 1) revenue was CHF 760.4m against

CHF 774.4m in 2019, however up 3.2% at constant exchange rates which is the

result of an increase of 3.5% in interdealer broking business (IDB) and a

decrease of 2.8% in the forex trading business for retail investors in Japan

(Non-IDB).

 

In the third quarter of 2020, Compagnie Financière Tradition’s activity

decreased with reported consolidated revenue of CHF 185.7m compared with CHF

230.8m in 2019, representing a decrease of 14.4% at constant exchange rates.

For the same period, the Group’s consolidated adjusted revenue was CHF 202.4m,

compared with CHF 253.9m in 2019, down 15.2% at constant exchange rates with

IDB down 15.0% and Non-IDB down 20.5% respectively.

 

After reaching its second highest level of activity ever at constant exchange

rates in March, a slowdown in activity volumes on the OTC markets was observed

during the summer, especially in August.

 

Against this backdrop, Compagnie Financière Tradition has further increased

its focus on cost management, notably by initiating a specific cost-cutting

plan in line with recent business trends while at the same time pursuing its

strategy of targeted growth adapted to its business environment.

 

1) Proportionate consolidation method for joint ventures ('Adjusted')

 

 

 

Compagnie Financière Tradition SA is one of the world's largest interdealer

brokers in over-the-counter financial and commodity related products.

Represented in 29 countries, Compagnie Financière Tradition SA employs more

than 2,300 people globally and 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 SA (CFT) is listed on the

SIX Swiss Exchange.

 

For more information, please visit www.tradition.com

 

 

 

Patrick Combes, President Rohan Sant Compagnie Financière Tradition SA Voxia

communication +41 (0)21 343 52 87 +41 (0)22 591 22 63 actionnaire@tradition.ch

rohan.sant@voxia.ch

 

 

 

 

 

 

 

 

 

Anhang CFT - Communiqué du chiffre d'affaires Q3 2020 - EN_VF

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