Tradition’s Japanese Retail FX Business Gaitame.com Drops 20% in Q1 2017

[kreslik.news]

Multi-asset interdealer broker Compagnie Financière Tradition SA, listed on the Swiss SIX under ticker CFT, has reported Q1 2017 results across its segment and operations which was largely stable when weighed against its equivalent of 2016, according to a corporate statement.

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Impacted by the weakness of pound sterling, CFT’s revenues dipped slightly to CHF 213.4 million for Q1 2017, down -2.8 percent year-over-year from CHF 219.5 million in the period last year. However, the figure was up 0.2 percent year-over-year on a constant currency basis.

On an adjusted basis, ... (read more)