The broker is a completely independent player in over-the-counter (OTC) financial or non financial markets. Its role primarily consists of providing a point of contact for institutional clients seeking to buy or sell financial or non financial products. Regulatory restraints require the broker to act as a pure intermediary, taking no positions or dealing risks in the financial markets. Working at the very heart of the markets, the broker is in continual contact with leading players in the major financial centres (banks, insurance companies, large private companies, etc.), enabling a unique, comprehensive knowledge of financial markets. Its chief functions are therefore:
• To ensure market liquidity and respond rapidly to its clients' needs,
• To respect the confidential nature of its clients' transactions.
The broker receives a commission on each client transaction. The professionalism of its clients' demands sophisticated expertise on the part of the broker in order to meet integrally its clients needs. This expertise entails:
• Perfect knowledge of financial markets,
• A good understanding of its clients' needs and objectives,
• Providing superior quality, high value added service.
Tradition is an acknowledged leader in the rapidly moving world of financial brokerage, adhering to the fundamental principles of confidentiality, expertise, competence and sophisticated service.