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Trayport & Tradition Announce The Successful Launch Of Refined Oil Trading Technology

26 April 2022 (LONDON) – Trayport Limited (Trayport), a wholly-owned subsidiary of TMX Group, and Tradition Financial Services Limited (Tradition), the interdealer broking arm of Compagnie Financière Tradition and one of the world’s largest interdealer brokers in over-the-counter financial and commodity-related products, today announced the successful adoption of Trayport’s technology across Tradition’s refined oil operations globally. 

“We are pleased Tradition chose Trayport as an exclusive technology partner for its refined oil broking, recognising the key role Trayport plays in supporting market participants and the growth of energy trading markets,” said Peter Conroy, CEO, Trayport. “This adoption marks another important step in Trayport’s global growth strategy, focused on new asset classes and geographies and providing solutions where markets are evolving and digitalising. Tradition already uses Trayport’s technology across a number of other markets, and we’re excited that Joule is now being used across refined oil.”

Trayport’s Joule broker solution has been developed to optimise operations for brokers, offering trading success for their clients. Trayport currently has 30 brokers using its technology across multiple asset classes and geographies. Joule is designed to augment broker voice operations and facilitate an electronic hybrid broker model for OTC markets.

“We are thrilled to successfully integrate Trayport’s market-leading technology, across our refined oil broker desks,” said Michael Anderson, Chief Executive Officer, London operations and EMA affiliated offices, Tradition. Ruari Ypma, Global Head of Oil at Tradition, added ”We have played a pioneering role in the development of the OTC oil markets since 1989, and were one of the first to offer full refined product coverage. With Tradition’s global refined oil position and market-leading desks, we’re now taking an exciting step towards the hybridisation of our oil market service.

Tradition is one of the world’s largest interdealer brokers in OTC financial and commodity-related products.  Now available on Joule to trade LPG, Naphtha, and Gasoline. New call-to-action

Please visit New call-to-action for more information on trading refined oil through Joule.

About Trayport Limited

Trayport is the primary network and platform for European wholesale energy markets. Our network and solutions support the growth of our clients and trading markets. Our solutions are used worldwide by traders, brokers and exchanges in multiple asset classes across OTC and cleared markets. Trayport Limited is a wholly-owned subsidiary of TMX Group Limited (TMX Group). For more information about Trayport Limited, visit our website at

About Compagnie Financiere Tradition SA

Compagnie Financière Tradition SA is one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 30 countries, Compagnie Financière Tradition SA employs more than 2,300 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rates, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financière Tradition SA (CFT) is listed on the SIX Swiss Exchange. For more information, please visit

For more information, please contact:

Asif Iqbal
Head of Marketing and Communications
Trayport Limited
+44 (0) 207 960 5500

Darryl Reed