SWSDF - VIEL Remains The Best Way To Capitalize On Tradition's Strong H1
Back in April, we discussed the Zürich-listed Compagnie Financière Tradition (SW:CFT, OTC:CFNCF), the world's third largest interdealer broker. We also suggested a way to invest in Tradition at a sharp discount, through its parent company VIEL & Cie (VIL:PA).
As expected, Tradition's business performed very well during the volatile first semester. VIEL's other major holding, Bourse Direct (BSD:PA), also had a strong H1, and investors have started to take notice, with VIEL's shares up markedly since April.
At this stage, the potential for share price appreciation in Tradition and VIEL appears more limited, but