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Wednesday, 2 September 2020, 08:00 HKT/SGT
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Source: Compagnie Financiere Tradition SA
Compagnie Financiere Tradition SA Acquires 100% of OM Wholesale in New Zealand
Compagnie Financiere Tradition ("Tradition") has today announced its acquisition of OM Wholesale Ltd ("OMW")

SINGAPORE, Sept 2, 2020 - (ACN Newswire) - Compagnie Financiere Tradition SA ("Tradition") has today announced its acquisition of OM Wholesale Ltd ("OMW"). OMW is New Zealand's only independent interbank broking business having been formed in a restructure preceding the sale of OM Financial Ltd to First NZ Capital Securities Ltd in 2018. The Wellington-based business of experienced foreign exchange and interest rate derivative brokers has been re-named Tradition Kiwi Brokers Limited.

Cie Financiere Tradition is one of the world's largest interdealer brokers in over-the-counter financial and commodity-related products. Represented in 30 countries, Cie Financiere Tradition employs more than 2,300 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financiere Tradition SA (CFT) is listed on the SIX Swiss Exchange.

Contact: Kenny Campbell
Email: [email protected]

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Tradition(TM) https://orders.newsfilecorp.com/files/7381/62846_tradition1enhanced.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/62846

Topic: Press release summary
Sectors: Exchanges & Software, Daily Finance, FX & Digital Currencies, Funds & Equities
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