Sef challenges remain despite busy June*
17 July 2014 | Futures & Options World | Electronic trading platforms such as Icap’s USD interest rate swaps platform i-Swap and Tradition’s Trad-X both reported record notional volumes in June of $26bn and $50bn respectively.
Trad-X US Dollar Swaps Volumes Top USD 50 Billion to Hit Record High For June
7 July 2014 | Trad-X, the market-leading platform for the trading of global interest rates swaps, has announced record trading volumes for US dollar interest rate swaps for June.
SEF trading hits new highs*†
13 June 2014 | Financial News | Trad-X, the electronic order book segment of Tradition’s SEF, accounted for 24% of US dollar interest-rate swaps for the interdealer broker, according to its own figures.
Majority of SEFs adopt FIX Protocol*
11 June 2014 | Automated Trader | Daniel Marcus, Global Head of Strategy and Business Development, Tradition said: "Trad-X was designed by the market for the market to create a location with the best executable global interest rate derivative liquidity available.
Trad-X volumes hit record highs as platform introduces CCP position switch service*
10 June 2014 | Hedge Week | Mike Leibowitz, chief operating officer of Tradition, says: “Trad-X was designed by the market for the market in advance of regulatory reform. With the support of participants, we have seen a material increase in volumes traded on the platform this year. This is due to the high quality of liquidity available on our cutting-edge proprietary technology.
Trad-X Volumes Hit Record Highs as Platform Introduces CCP Position Switch Service
9 June 2014 | Trad-X, the market-leading platform for the trading of global interest rates swaps, has announced record trading volumes for US dollar interest rate swaps. In May, Trad-X executed 680 trades equating to a notional of USD 37 billion. These electronically executed trades accounted for almost 24% of all USD trades at Tradition.
Interdealer brokers angle for a more diverse catch*†
8 May 2014 | Financial News | Once the middlemen for large and complex derivatives trades between the biggest investment banks, firms such as Icap, GFI Group, Tullett Prebon, BGC Partners and Tradition have rapidly expanded into electronic markets, post-trade services and the provision of data.
US regulators to monitor London over-the- counter swaps*†
20 April 2014 | Financial Times | Companies such as Tullett Prebon, GFI Group, Tradition and BGC Partners act as middlemen to help brokers trade illiquid and often bespoke assets such as interest rate swaps.
GMEX Group to use Tradition’s Trad-X prices for its Constant Maturity Index*
11 March 2014 | LeapRate | Global Derivatives Indices (GDI), a wholly owned subsidiary of Global Markets Exchange Group International LLP (GMEX Group), today announced a strategic partnership with Tradition, the interdealer broking arm of Compagnie Financière Tradition.
Trad-X trades top 25,000 as Total Volumes Exceed USD 1 Trillion
9 February 2014 | Trad-X, the market-leading platform for the trading of global interest rate derivatives, has announced the completion of its 25,000th trade last month. The milestone trade was executed on Friday 28 November, and comes as total USD IRS trading volumes since launch exceeded USD 1 trillion.