Tradition Dubai Ltd is part of the Tradition broking group and is licensed by the Dubai Financial Services Authority (DFSA). It offers broking services in various wholesale markets including: bullion; energy; sukuks (Islamic equivalent of bonds), inter-bank money market transactions by murabaha (commodity-based Islamic finance); credit default swaps (CDS) and global currency products such as foreign exchange and forward swaps.
Tradition’s Islamic Division and Capital Markets team reports to Will Hornby, Head of Credit in Londonsukuks, CDS and convertible bonds. Tradition is one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 26 countries, with approximately 3,000 institutional clients, Tradition employs 2,250 people globally, 680 of whom are based in London.
Tradition is owned by Compagnie Financière Tradition (CFT) and listed on the Swiss stock exchange. For more information visit http://www.tradition.com/