Tradition España OTF

Tradition España OTF is a Spanish organised trading facility (OTF) operated within the Tradition group, the interdealer broking arm of Compagnie Financière Tradition S.A. Tradition describes itself as one of the world's largest interdealer brokers in over-the-counter financial and commodity related products, with over 2,300 employees and a presence in more than 30 countries. The Spanish OTF sits within that global network, providing a regulated electronic venue for wholesale market participants in Spain. As part of the Tradition group, Tradition España OTF is connected to a broad product range that spans capital markets, energy and commodities, equities, fixed income, foreign exchange, market data, money markets and private markets. The group's broking coverage includes interest rate derivatives, credit derivatives, currency derivatives, inflation products, non-deliverable swaps, overnight index swaps, government and corporate bonds, repo and securities lending, cash equities, equity derivatives, coal, electricity, natural gas, oil, precious metals, pulp and paper, refined products and soft commodities. Tradition's Spanish operations are part of its European footprint, which includes major broking centres such as London, Paris, Frankfurt, Luxembourg and Madrid. The group's platforms and initiatives have received industry recognition, including awards for interdealer broking, SEF of the year, e-FX initiative of the year for ParFX and best industry infrastructure initiative for Trad-X. Compagnie Financière Tradition S.A. is listed on the Swiss stock exchange, and Tradition España OTF operates as a subsidiary within that listed group. The OTF designation indicates that it is an organised trading facility under European financial markets regulation, a category of multilateral trading venue used for non-equity instruments such as bonds, derivatives and structured products.

Tradition España OTF is a Spanish organised trading facility that forms part of the Tradition group, the interdealer broking arm of Compagnie Financière Tradition S.A. The Tradition name is associated with interdealer broking, a wholesale market activity in which brokers intermediate between banks and other financial institutions in over-the-counter markets. Compagnie Financière Tradition describes itself as one of the world's largest interdealer brokers in over-the-counter financial and commodity related products, represented in over 30 countries and listed on the Swiss stock exchange. The Spanish OTF is one of the group's European venues. Tradition's European presence includes broking operations in London, Paris, Frankfurt, Luxembourg and Madrid, among other centres. The Madrid contact point appears in the group's product pages, reflecting the Spanish operation's role within the wider European network. The OTF designation refers to an organised trading facility, a category of multilateral trading venue introduced under European financial markets regulation for non-equity instruments. OTFs are used for instruments such as bonds, derivatives and structured products, and they operate alongside regulated markets and multilateral trading facilities. Tradition España OTF therefore represents the group's regulated electronic trading venue in Spain, complementing its voice and hybrid broking activities. Tradition's broader platform portfolio includes initiatives such as Trad-X, an electronic trading platform for interest rate derivatives, and ParFX, an electronic foreign exchange platform. These have received industry awards, including Trad-X winning Best Industry Infrastructure Initiative at the Banking Technology Awards and ParFX being named e-FX initiative of the year by FX Week. The group has also won Interdealer Broker of the Year at the FOW International Awards. The group's product coverage is broad, spanning capital markets, energy and commodities, equities, fixed income, foreign exchange, market data, money markets and private markets. Within fixed income, Tradition covers asset swaps, credit, corporate bonds, covered bonds, floating rate notes, futures and options, government bonds, mortgages, repo and securities. Within capital markets, coverage includes basis swaps, credit derivatives, currency derivatives, inflation products, interest rate derivatives, interest rate options, interest rate swaps, Latin American derivatives, non-deliverable swaps, overnight index swaps, short dates and Turkish fixed income and money markets. Energy and commodities coverage includes coal, electricity, environmental products, natural gas, oil, precious metals, property derivatives, pulp and paper, refined products and soft commodities. Tradition España OTF thus operates within a global interdealer broking business that combines voice broking, electronic platforms and regulated trading venues. Its specific role is to provide a Spanish OTF venue for wholesale market participants, under the regulatory framework for organised trading facilities in the European Union.

• Tradition España OTF is registered as an organised trading facility in Spain.

• Compagnie Financière Tradition S.A. is listed on the Swiss stock exchange.

• Tradition wins Interdealer Broker of the Year at the FOW International Awards.

• ParFX is named e-FX initiative of the year by FX Week.

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

A regulated Spanish organised trading facility within the global Tradition interdealer broking group.

• Tradition España OTF

  Spanish organised trading facility operated within the Tradition group.

• Interdealer broking

  Broking services in over-the-counter financial and commodity related products.

• Fixed income broking

  Coverage includes corporate bonds, government bonds, repo, covered bonds and floating rate notes.

• Interest rate derivatives

  Includes interest rate swaps, options, basis swaps and overnight index swaps.

• Foreign exchange

  Foreign exchange broking and electronic FX initiatives such as ParFX.

• Energy and commodities

  Coverage includes coal, electricity, natural gas, oil, precious metals and soft commodities.

1. 1Tradition official websitetradition.com
2. 2Tradition Corporate pagetradition.com
3. 3Tradition Corporate Bonds pagetradition.com
4. 4Tradition Floating pagetradition.com
5. 5Wikidata: Tradition Espana OTFwikidata.org