Tradition’s clients in the federal funds market include commercial banks, thrift institutions, agencies and branches of foreign banks in the United States, federal agencies, and government security dealers. Our voice-dominated brokerage services help these institutions obtain a yield on bank reserves that would otherwise remain idle.
Tradition’s role as an intermediary provides us with the opportunity to arrange transactions between lenders and buyers in Federal Funds, Eurodollars, and Certificates of Deposit. Execution of all trades occurs on an anonymous platform for each client, and ranges from overnight to 28 days in duration. Our experienced staff are an acknowledged market leader in the brokerage industry and are committed to constant improvement.