News

November 11, 2011

Trad-X wins Best Industry Infrastructure Initiative at Banking Technology Awards

Tradition, the global interdealer broker, today announced that Trad-X, its hybrid trading platform for OTC derivatives and other financial instruments, has won Best Industry Infrastructure Initiative at the 2011 Banking Technology Awards. The Banking Technology Awards is a leading industry event which recognises excellence in the use of IT within financial services.

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July 19, 2011

Tradition's OTC derivatives platform Trad-X exceeds Euro112bn

Tradition, a leading global interdealer broker, today announced that Trad-X, its hybrid trading platform for OTC derivatives and other financial instruments, has attracted significant volume. The platform has matched approximately 1900 orders in Euro interest rate swaps with a notional value traded of over €112bn, since launch on 19 May 2011.

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April 6, 2011

Tradition welcomes Credit Suisse as a Trad-X Partner

Tradition is pleased to announce that Credit Suisse has joined nine other global banks including BNP Paribas, Citi, Goldman Sachs, HSBC, Morgan Stanley, Societe Generale, Royal Bank of Scotland and UBS as a founder streaming partner of Trad-X. The Trad-X partners have all indicated that they intend to support Trad-X, including the provision of streaming, two-way liquidity to the platform across various interest rate swap derivatives.

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March 15, 2011

Tradition Launches Trad-X Hybrid Trading Platform

Tradition is pleased to announce the launch of its next-generation trading platform called Trad-X, initially for Euro Interest Rate Swaps.

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