Tradition and TFS Green Win Prestigious Point Carbon 'Broker of the Year' 2010 Award
March 10, 2010 - Tradition, a leading interdealer broker and a subsidiary of Compagnie Financière Tradition, today announced its environmental team has, once again, been awarded the prestigious accolade 'Broker of the Year' by the leading analyst and news provider, Point Carbon.
This award is presented each year at the Carbon Market Awards ceremony, which was held this year in Amsterdam at the Carbon Market Insights conference. Voting is an open process with invitations to nominate sent to more than 1,000 Point Carbon subscribers. There is no short-list enabling subscribers to choose their own candidates in the three categories of Best Broker, Best Trader, and Best Project Developer, which were won by Tradition & TFS Green, Barclays Capital, and Noble Carbon Credits respectively.
Eric Klein, Director of Global Environmental Markets at Tradition in New York, commented, "We are delighted to receive this prominent award and would like to thank all of those who voted for us. This recognition will reinforce Tradition/TFS Green's position as a preeminent global environmental broker."
Tradition and TFS Green have 25 dedicated staff in New York and around the world working in the RGGI, CAR, VER, EU ETS, CDM & JI markets.
"TFS Green is focused on providing new, innovative and high quality projects and transactions for our clients, and it's immensely encouraging that our clients have responded to our efforts by voting us Best Broker 2010. We are inspired to continue the good work and push the boundaries of the carbon market further in this coming year," stated Lucy Mortimer, Global Manager of CDM/JI Markets.
At a time when other emissions businesses are contracting due to market uncertainties, Tradition and TFS Green remain secure and robust market leaders, with expansion into new business areas and countries high on the agenda for 2010.
"Despite the testing conditions experienced from an environmental and global downturn perspective, Tradition remains focused on providing our customer base with unrivalled levels of service, and we thank them for recognizing this commitment!" said John Molloy, Head of Environmental Products, Tradition UK.
Inquiries
Eric Klein, +1.212.943.2883, Director, Global Environmental Markets, Tradition NY
Jennifer Van Hofwegen, +1 212.791.6491, Head of Marketing and Communications, Tradition
About Tradition
Tradition is one of the world's largest interdealer brokers in the
over-the-counter financial and commodity-related products. Represented in 27 countries, Tradition employs 2,450 people globally.
Tradition is owned by Compagnie Financière Tradition (CFT) and listed on the Swiss stock exchange. www.tradition.com
About TFS Green
Tradition's CDM & JI business, TFS Green, is a market leader in its field. Established in 2005, TFS Green has
offices throughout Asia, including China, Singapore, the Philippines and Chile. It also works through associate firms
in Vietnam and India, and is presently expanding in South East Asia and Africa. TFS Green is a trading name of
Tradition Financial Services Ltd.