Compagnie Financière’s H1 Financials Unable to Shake out of Consolidation
Posted: Thu Jul 21, 2016 5:46 am
Compagnie Financière Tradition (CFT) SA, an Inter-dealer broker, has reported its H1 2016 consolidated revenues and financials, having undergone a general stagnation in these figures. The performance was largely coincided by a global lull in trading volumes that has afflicted the vast majority of institutional venues worldwide, barring an outlier case of June, which experienced the Brexit vote and fallout.
Looking at the specifics, CFT disclosed an H1 2016 revenue of $431.9 million (CHF 425.2 million) – this figure was reflective of a marginal drop from $433.3 (CHF 426.6 million) in H1 2015, of less than -1.0% YoY. The performance is ... (read more)