CFT saw a revenue increase of 11.8% in H1 2023, bolstered by organic growth strategies.
The firm's operating profit soared 41.9%, signaling a solid financial performance.
The
Switzerland-listed Compagnie Financière Tradition (SWX: CFT), which operates
the Japanese retail foreign exchange (forex) trading platform Gaitame, has
released its financial results for H1 2023. The firm reported
significant growth, with an increase of 11.8% in revenue and an uptick of 41.9% in operating profit.
The firm
reported revenue of CHF 552.4 million in H1 2023, compared to CHF 525.1 million
in the same period last year. This significant increase was primarily due to
Compagnie Financière Tradition's interdealer broking business (IDB), which grew 11.6% to CHF 534.0 million. Additionally, its online forex trading business
for retail investors in Japan saw a notable rise of 18.7% to CHF 18.4 million.
The
operating profit also witnessed a substantial increase. In H1 2023, it was CHF
74.0 million compared to CHF 56.0 million in H1 2022. This resulted in an
operating margin of 13.4%, which is up from 10.7% in the previous year.
Compagnie Financière Tradition
The parent
company of Gaitame recently published its report for Q2 2023, in which it reported an adjusted revenue of CHF 261.9 million for the
three months ending in June. This was a jump of 34%. For the entire year of
2022, the company achieved a net profit increase of 40.3% to CHF 89.1 million.
An Eye on Profitability
When it
comes to net profit, the company reported a slight increase. Despite a
financial expense of CHF 4.5 million, largely due to fluctuating exchange
rates, the net profit stood at CHF 54.0 million, with a group’s share of CHF
51.0 million. This led to an increase of 10.5% in basic earnings per share, which
reached CHF 6.93 million.
The firm
has also managed to maintain a strong balance sheet. As of 30 June 2023, the
consolidated equity was CHF 447.4 million, with a net cash balance of CHF 257.2
million, reflecting the company's focus on maintaining a strong capital
position.
Moving
forward, Compagnie Financière Tradition aims to continue its organic growth
strategy. The company will also keep an eye out for external growth
opportunities. Emphasizing “the quality of its balance sheet and cost
discipline,” the firm plans to invest in its hybrid broking capabilities and
data analytics activities, backed by its in-house data science expertise.
New Share Buyback Program
In a
strategic move to better use its capital, the company revealed plans for a
share buyback program in May. Initially scheduled to kick off in June 2023, the
program eventually got underway at the end of August. The firm intends to
acquire as many as 300,000 bearer shares, which amounts to nearly 3.91% of the
total share capital.
If executed
at the most recent closing price of CFT shares, this initiative would set the
Swiss company back approximately CHF 35 million. The program is slated to
continue until May 2026 at the latest, although the total budget for the
buyback was not specified.
The
Switzerland-listed Compagnie Financière Tradition (SWX: CFT), which operates
the Japanese retail foreign exchange (forex) trading platform Gaitame, has
released its financial results for H1 2023. The firm reported
significant growth, with an increase of 11.8% in revenue and an uptick of 41.9% in operating profit.
The firm
reported revenue of CHF 552.4 million in H1 2023, compared to CHF 525.1 million
in the same period last year. This significant increase was primarily due to
Compagnie Financière Tradition's interdealer broking business (IDB), which grew 11.6% to CHF 534.0 million. Additionally, its online forex trading business
for retail investors in Japan saw a notable rise of 18.7% to CHF 18.4 million.
The
operating profit also witnessed a substantial increase. In H1 2023, it was CHF
74.0 million compared to CHF 56.0 million in H1 2022. This resulted in an
operating margin of 13.4%, which is up from 10.7% in the previous year.
Compagnie Financière Tradition
The parent
company of Gaitame recently published its report for Q2 2023, in which it reported an adjusted revenue of CHF 261.9 million for the
three months ending in June. This was a jump of 34%. For the entire year of
2022, the company achieved a net profit increase of 40.3% to CHF 89.1 million.
An Eye on Profitability
When it
comes to net profit, the company reported a slight increase. Despite a
financial expense of CHF 4.5 million, largely due to fluctuating exchange
rates, the net profit stood at CHF 54.0 million, with a group’s share of CHF
51.0 million. This led to an increase of 10.5% in basic earnings per share, which
reached CHF 6.93 million.
The firm
has also managed to maintain a strong balance sheet. As of 30 June 2023, the
consolidated equity was CHF 447.4 million, with a net cash balance of CHF 257.2
million, reflecting the company's focus on maintaining a strong capital
position.
Moving
forward, Compagnie Financière Tradition aims to continue its organic growth
strategy. The company will also keep an eye out for external growth
opportunities. Emphasizing “the quality of its balance sheet and cost
discipline,” the firm plans to invest in its hybrid broking capabilities and
data analytics activities, backed by its in-house data science expertise.
New Share Buyback Program
In a
strategic move to better use its capital, the company revealed plans for a
share buyback program in May. Initially scheduled to kick off in June 2023, the
program eventually got underway at the end of August. The firm intends to
acquire as many as 300,000 bearer shares, which amounts to nearly 3.91% of the
total share capital.
If executed
at the most recent closing price of CFT shares, this initiative would set the
Swiss company back approximately CHF 35 million. The program is slated to
continue until May 2026 at the latest, although the total budget for the
buyback was not specified.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Exclusive: The5ers Founders Enter Brokerage Business with CySEC-Licensed “TSG.”
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
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🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
