Tradition, the interdealer broker, has underlined its plan to boost its challenge to larger rivals, including GFI, Icap and Tullett Prebon, by merging two previously separate brokerage businesses under a single brand.
Tradition UK, the London-based business handling financial derivatives, and Tradition Financial Services, the international broker of financial and non-financial products including property, freight and commodity futures, today merged to form âa single, unified global player in inter-dealer brokingâ.