Tradition May Move 60 London Voice Brokers to Prepare for Brexit

  • Company employs 400 brokers and 200 support staff in London
  • Brexit has spurred London staff moves to other EU hubs

City of London skyline.

Photographer: Simon Dawson/Bloomberg
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Interdealer broker Cie. Financiere Tradition SA said it is considering moving 15 percent of its London broker jobs -- some 60 people -- to continental Europe in preparation for Brexit.

“If their customers are moving, brokers will think twice and move with them,” Chief Executive Officer Patrick Combes said in an interview in Zurich. Tradition currently employs 400 voice brokers and a further 200 support staff in the British capital.