11 June 2019 | Risk.net | The lack of clarity on ground rules post-Brexit dovetailed with Tradition getting an EU venue authorised and sewed up its decision to locate its new endeavour elsewhere, says Dan Marcus, chief executive of Trad-X, the broker’s swaps platform.
31 May 2019 | GlobalCapital | Our congratulations to the winners and runners up… Swap Execution Facility of the Year – CLOB: BGC, NEX SEF (CME Group formerly NEX Group), Tullett Prebon, ICAP (IGDL), Tradeweb, DW, Tradition (winner).
24 May 2019 | Risk.net | “This is like replacing all petrol cars with electric vehicles overnight. It’s a big ask, but I think the market is headed there in the long term,” says Stuart Giles, managing director for business development and strategy at Tradition – one of three venues whose central limit order book (Clob) prices feed into the swap rate.
21 May 2019 | Risk.net | “SOFR has to become the discount model before it can do the next job of building liquidity,” says Stuart Giles, managing director for business development and strategy at Tradition.
19 December 2018 | Financial News | Geopolitical factors will be the biggest driver of market activity and I expect to see a huge increase in event-driven volatility in 2019. Financial markets were spinning a lot of plates in 2018 — uncertainty surrounding trade wars, tariffs, oil prices and Brexit, to name a few — and many of these concerns will be carried forward. But the geopolitical and economic implications of North Korea, Iran and Qatar, and how these countries overcome their respective challenges, will be major factors in 2019. - Dan Marcus, Global head of strategy and business development, Tradition.
17 December 2018 | Risk.net | The euro swaps market is beginning an experiment with exchange-style trading, after the first of 20 clients signed up to a new central limit order book (Clob) offered by interdealer broker, Tradition.
11 December 2018 | Fund Technology and WSL Awards 2019 | Best trading platform overall: Envision Financial Systems, MarketsFlow, MIAX Options, ParFX, Tethys Technology, TraditionSEF, Interactive Brokers, Wolverine Execution Services
8 December 2018 | FOW | According to Scott Fitzpatrick, CEO of TraditionSEF, this has been at the heart of the build out over the past two years. “Considering the scope of products across asset classes affected by the implementation of the Dodd-Frank Act, the attention to detail around how the core principles of the regulation have been implemented cannot be underestimated,” he says. “It has been at the centre of how we have built the platform and set up our business.”
6 December 2018 | 4 Traders | Scott Fitzpatrick, CEO of TraditionSEF, added: "Over the past year, our team has worked extremely hard to establish our SEF business as the pre-eminent venue in the U.S., while boosting our presence in short-dated interest rate swaps. Winning this award is testament to the efforts of our team and our commitment to providing the best service possible to our clients."
5 December 2018 | FOW | SEF of the Year: Tradition SEF