Compagnie Financière Tradition Reports 2013 Revenue of $1.07B, Dividend Increases

Compagnie Financière Tradition (CFT), a leading interbroker dealer across multiple- asset classes has released several financial metrics for the 2013 year, having reported revenues of $1066.7M (CHF 934.1M), or -8.9% YoY, according to a CFT statement.

Lackluster 2013 Yearly Metrics

Switzerland’s CFT is a platform provider for FX, derivatives, commodities and bonds, among many other products, whose 2013 year experienced a fair share of uncertainty, specifically over the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term of OTC derivative markets. The company already released some of its 2013 financial metrics last month, which underscored a drop in Non-IFRS revenue of -8.9% YoY, or $1066.7M (CHF 934.1M) in 2013 vs. $1162.0M (CHF 1017.5M) in 2012.

More recently, the company has reported an increase in operating margin of 6.4% at the end of 2013, compared with only 5.9% in 2012 (8.4% YoY). This corresponds to a drop in operating profit of 16.8% YoY, as illustrated by a 2013 figure of CHF 32.1M from CHF 38.6M (restated) in 2012.

Stockwatch, Dividend Rises to CHF 2.5

Compagnie Financière Tradition (SWX:CFT) is presently traded on the SWX and reached a YTD high of $57.1 (CHF 50.00). According to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates Research, the stock has been dragged off its recent January highs to $53.1 (CHF 46.50) during its most recent trading, a drop of -7.52%. In other news, the stock dividends has improved to $2.85 (CHF 2.5) from $2.28 (CHF 2.0).