TraditionSEF named SEF of the Year at FOW International Awards
5 December 2018 | TraditionSEF, the swap execution facility (SEF) operated by Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has been named SEF of the Year at the FOW International Awards, which took place in London on Tuesday 4 December 2018.
Bloomberg to launch new data service to increase transparency in UST and IRS pricing
30 July 2018 | Bloomberg announced today that it will launch a new data service consolidating NEX’s BrokerTec US Treasuries data with USD Spread-Over data from Tradition's Trad-X platform. This service, called Bloomberg Capital Markets Package ("BCMP"), will be the most liquid and transparent US capital market reference available, representing the two largest electronic wholesale markets in UST and IRD. This service will be available via the Bloomberg Terminal and as a data feed.
Tradition wins top broker awards at GlobalCapital Americas Derivatives Awards 2018
11 May 2018 | Tradition, one of the world’s largest interdealer brokers in over-thecounter commodity and financial products, has been named Interdealer Broker of the Year and Interest Rate Derivatives Interdealer Broker of the Year for the Americas region at a gala dinner held in New York.
Tradition wins two SEF accolades at the GlobalCapital Global Derivatives Awards 2017
21 September 2017 | Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has received two prestigious accolades at the GlobalCapital Global Derivatives Awards 2017, winning Swap Execution Facility of the Year – Overall, and Swap Execution Facility of the Year – CLOB.
Tradition wins prestigious interdealer broker and SEF of the year awards
9 December 2015 | Tradition, one of the world’s largest interdealer brokers in commodity and financial products, has won the Interdealer Broker (IDB) of the Year and SEF of the Year titles at the FOW International Awards, presented last night. The FOW International Awards for 2015 took place in London and recognise the leaders in derivatives trading, brokerage and technology innovation. Tradition won the top accolade awarded to interdealer brokers for the second consecutive year, as well as the prestigious SEF of the Year award.
Trad-X USD volumes more than double in 2015, bringing total to over USD 2.5 trillion
26 October 2015 | Total USD interest rate swaps (IRS) trading volumes since launch on Trad-X, the market-leading platform for the trading of global interest rate derivatives, have now surpassed USD 2.5 trillion, with the period beginning January 2015 accounting for over half of this total volume.
CLOB execution – the new norm?
20 August 2015 | The mandatory introduction of Swap Execution Facilities (SEFs) in the US in 2013 sparked a substantial shift in the structure and manner in which OTC derivatives were traded. Almost two years on, trading volumes on SEFs continue to grow substantially as compliance headaches subside. But now a new debate rages on: what is the most effective method of trade execution in such a diverse and complex market?
Market Structure Evolution - Helping the Market Create Solutions
13 March 2015 | As 7,000 of the great and the good from across the financial services industry descended on Boston in September for the annual SIBOS conference, one theme above all dominated the speeches, panels and bar conversation: The three ‘Rs’ of regulation, regulation, regulation.
Real Price Transparency Marks a New Benchmark
5 February 2015 | In recent years, questions have been asked about the stewardship and methodology used to determine ISDAFix, with allegations of improper behaviour coming to light. As the FEMR receives its responses on benchmark reform from a range of industry participants, the OTC swaps market has declared itself transformed and ready for change.
Tradition Boosts Platform Development with Key Strategic Hires
2 February 2015 | Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has hired three experienced market structure professionals to expand its thriving hybrid and electronic businesses.