Compagnie Financière Tradition (SWX: CFT), an inter-dealer broker and operator of a Japanese retail forex trading platform, ended the fourth quarter of 2025 with total revenue of CHF 293.2 million, which was 11.7 per cent higher than the previous year.
Another Strong Quarter
The figure was also higher than in the previous quarters. The company generated CHF 278.3 million in the third quarter of last year and brought in CHF 632.1 million over the prior six months.
“The reported performance was limited by the strengthening of the Swiss franc during the year, particularly against the US dollar and the Japanese yen,” the group noted in a statement.
Indeed, the fall of the Japanese yen has a significant impact on its business, as it operates Gaitame, one of Japan’s largest retail forex trading venues.
The inter-dealer broking business of the Swiss group brought in CHF 284.8 million in revenue, an 11.6 per cent increase, while its retail business generated CHF 8.4 million.
- Tradition's Revenue Surges 9% in Q3 Despite Currency Headwinds
- Tradition Revenue Climbs 12% in H1 2025 as Volatility Boosts Trading
- Tradition Q1 Revenue Rises 12% on Gaitame.com and Interdealer Broking Business Strength
A Good Year Overall for the Swiss Group
The group ended the year with total consolidated revenue of more than CHF 1.2 billion, of which the inter-dealer division brought in CHF 1.16 billion and the retail business generated CHF 39.6 million.
“In 2025, Compagnie Financière Tradition operated in a complex macroeconomic environment marked by the shift of major central banks’ monetary policies towards cautious easing and by a rise in international trade tensions, notably the introduction of significant US tariffs that triggered retaliatory measures and increased global geopolitical uncertainty,” the group added.
“These developments prompted investors to reassess and reposition their portfolios, generating an increase in transaction volumes across all asset classes and regions.”
Compagnie highlighted that it was able to capitalise on these market conditions while continuing its organic growth strategy.