Compagnie Financiere Tradition SA : CFTC grants temporary registration for Tradition SEF

Compagnie Financière Tradition SA

Press release

CFTC grants temporary registration for Tradition SEF

Compagnie Financière Tradition, one of the world's leading global interdealer brokers, announces that on 25th September, Tradition SEF, Inc. was granted temporary registration from the Commodities Futures Trading Commission ("CFTC") to operate a Swap Execution Facility ("SEF").

Mike Leibowitz, CEO of Tradition SEF and COO Americas and EMEA, Tradition, said: "We welcome the CFTC's granting of temporary approval for Tradition SEF and look forward to operating across multiple asset classes in the new regulatory environment. This is a significant milestone for Tradition and we look forward to continuing to provide top quality voice, hybrid and electronic services, whilst working with our customers to develop leading solutions across our product range."

About Compagnie Financière Tradition

With a presence in 28 countries, Compagnie Financière Tradition SA is one of the world's leading interdealer brokers (IDB).The Group provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals).

Lausanne, 26 September 2013

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