Swiss interdealer broker Compagnie Financière Tradition today reported its financial results for 2022.
A shift in central bank monetary policy, away from quantitative easing and towards rate hikes, benefited the Group’s operations. This positive trend was reflected across all regions and products, particularly in Forex and interest rate products and securities and security derivatives. With the easing of Covid-19 measures, the gradual transition back to the office across the trading floors also benefited Tradition’s activities, and generally enabled the financial markets to function more efficiently.
Against this backdrop, the Group’s adjusted consolidated revenue was up 10.6% at constant exchange rates to CHF 1,028.6m, compared with CHF 950.8m in…
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