Leading interdealer broker Compagnie Financière Tradition (CFT) announced today that it has secured a Financial Services Permission (FSP) from the Financial Services Authority of ADGM and has opened a new office in Abu Dhabi. This strategic expansion strengthens the company’s global footprint and enhances its ability to support clients seamlessly across all major macro markets.
“Establishing a presence in Abu Dhabi is a significant milestone for Tradition and a natural progression of our EMEA strategy. ADGM offers a compelling environment for financial institutions, and we are confident this expansion will enhance our ability to serve clients with precision, insight and proximity. Abu Dhabi’s ambition aligns with our own—to be forward-looking, trusted, and at the forefront of global financial markets,” said Mike Anderson, CEO of Tradition EMEA.
Tradition seeks stronger ties with key market participants
Located within ADGM, Tradition benefits from a world-class regulatory framework that combines strong governance with commercial pragmatism, as well as the advantages offered by its international financial free zone status.
Abu Dhabi offers access to a dynamic and rapidly growing financial ecosystem. By investing in this rising global hub, Tradition aims to deepen its relationships with key market participants, tap into a highly skilled talent pool, and support the next generation of financial professionals.
“Tradition’s strategic expansion within the region as one of the first interdealer brokers to establish a presence in ADGM is a testament to continued interest of global firms choosing the IFC in Abu Dhabi. We look forward to seeing the value they bring to and to supporting their journey through ADGM’s robust regulatory framework and growing ecosystem,” commented Arvind Ramamurthy, chief market development officer at ADGM.
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Tradition bolsters global offering
Joining ADGM reflects Tradition’s continued commitment to evolving with integrity, empowering its clients with trusted expertise, and setting the global standard in financial services.
“Our expansion into Abu Dhabi reflects Tradition’s commitment to long-term growth through innovation and entrepreneurial thinking. We are building on the strength of our global offering, guided by our core values, to shape a future that meets the evolving needs of our clients and the markets we serve,” added Filiberto Daniello, senior executive officer at Tradition.
Notably, the company is one of the world’s leading interdealer brokers, with operations across 30 countries. Founded in 1959 in Lausanne, and listed on the Swiss Stock Exchange since 1973, Tradition is a leading global financial firm that offers hi-touch, hybrid and electronic trade execution and information services.
