Compagnie Financière Tradition is to sell Monecor which operates the financial spread betting site, TradIndex, catering to private investors. The sale is subject to regulatory approval from the FSA.
With a presence in 20 countries, Compagnie Financière Tradition is one of the world's three leading interdealer brokers of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and commodity-related products (precious metals, energy and environmental products, and pulp and paper).
Compagnie Financière Tradition is listed on the SWX Swiss Exchange (CFT). For more information on our Group, visit our site at www.traditiongroup.com
Lausanne, 29 December 2006
Contacts:
Patrick Combes, President Maude Hug
Tel.: +41 21 343 52 90 Tel.: +41 22 718 37 53
