Tradition revenues rise 28%

Compagnie Financière Tradition, the Lausanne-based moneybroker that has been building up a stake in IFX, the UK financial spread-betting company, said first quarter revenues grew 28.3% for the three months to March 31.

Revenues for the first quarter were Sfr 295.9 million (€189.6m), up by nearly a third from Sfr 230.6 million a year ago.

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