Tradition reports rise in H1 2024 revenues, profit

Tradition reports rise in H1 2024 revenues, profit

Compagnie Financière Tradition SA, an interdealer broker in over-the-counter financial and commodity related products, today posted its financial report for the first six months of 2024.

Compagnie Financière Tradition continued to grow at a solid pace throughout the first half, maintaining the momentum of last year. Activity levels were up in all regions and across most asset classes during the period, largely driven by the Group’s organic growth policy.

Against this backdrop, the Group’s consolidated revenue, including the share of joint ventures, was up 9.2% at constant exchange rates to CHF 577.0m, compared with CHF 552.4m in the first six months of last year. Revenue from interdealer broking (IDB) business was up 9.4% at constant exchange rates to CHF 560.3m, while revenue from the online forex trading business for retail investors…
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