Sucden

Sucden Financial Expands Risk Technology Partnership with Nasdaq to Enhance Market Coverage and Data Analytics

Retrieved on: 
Tuesday, December 12, 2023

LONDON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Sucden Financial, the multi-asset execution, clearing, and liquidity provider, and Nasdaq (Nasdaq: NDAQ) today announced that they have agreed to extend their risk technology partnership, which will further enhance Sucden Financial’s ability to monitor, manage, and mitigate market and liquidity risk globally.

Key Points: 
  • LONDON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Sucden Financial, the multi-asset execution, clearing, and liquidity provider, and Nasdaq (Nasdaq: NDAQ) today announced that they have agreed to extend their risk technology partnership, which will further enhance Sucden Financial’s ability to monitor, manage, and mitigate market and liquidity risk globally.
  • Sucden Financial uses the Nasdaq Risk Platform across proprietary and client trading portfolios, using the live view of risk, detailed analytics, and live derivative pricing to support real-time decision-making.
  • We are happy to extend our partnership with Nasdaq and continue enhancing the platform, which helps manage our market and liquidity risks across multiple asset classes in real-time," said Mike Coomber, Chief Risk Officer at Sucden Financial.
  • “We welcome the opportunity to deepen our partnership with Sucden Financial, who are operating at the forefront of the industry,” said Malcolm Warne, Head of Product for the Nasdaq Risk Platform.

Sucden Financial Launches Community Fund to Celebrate 50th Anniversary

Retrieved on: 
Thursday, May 11, 2023

The initiation of the Fund is one of a number of initiatives to commemorate Sucden Financial's 50th anniversary in 2023.

Key Points: 
  • The initiation of the Fund is one of a number of initiatives to commemorate Sucden Financial's 50th anniversary in 2023.
  • The Sucden Financial Community Fund will help address challenges faced by vulnerable communities in East London by tackling four critical issues that are central to Sucden Financial's business: the energy crisis, rising food prices, financial literacy, and a lack of IT skills.
  • Find out more on The Sucden Financial Community Fund page that has been set up to facilitate fundraising activities.
  • Tracey Walsh, CEO of East End Community Foundation, added, "We're delighted that Sucden Financial has chosen us to manage their new Fund.

Sucden Financial Commences STIR Market Making

Retrieved on: 
Wednesday, October 5, 2022

LONDON, Oct. 5, 2022 /PRNewswire/ --Sucden Financial, the multi-asset execution, clearing and liquidity provider, has announced it is now a market maker for ICE Futures Europe's short-term interest rate (STIR) options.

Key Points: 
  • LONDON, Oct. 5, 2022 /PRNewswire/ --Sucden Financial, the multi-asset execution, clearing and liquidity provider, has announced it is now a market maker for ICE Futures Europe's short-term interest rate (STIR) options.
  • "We are delighted to begin market making at Sucden Financial with the benefit of its established infrastructure and reputation in exchange-traded derivatives," said Amik Sokhey, Senior Options Trader, Sucden Financial Limited.
  • Sucden Financial has a proven track record of nearly 50 years in financial markets.
  • Sucden Financial Limited is authorised and regulated by Financial Conduct Authority.

Sucden Financial Purchases Atlantic Trading for STIR Market Making

Retrieved on: 
Thursday, July 21, 2022

LONDON, July 21, 2022 /PRNewswire/ -- Sucden Financial, the multi-asset execution, clearing and liquidity provider, has purchased the trading, IT and IP assets of Atlantic Trading London Limited, a proprietary market-making derivatives trading house.

Key Points: 
  • LONDON, July 21, 2022 /PRNewswire/ -- Sucden Financial, the multi-asset execution, clearing and liquidity provider, has purchased the trading, IT and IP assets of Atlantic Trading London Limited, a proprietary market-making derivatives trading house.
  • Their team of quantitative strategic traders utilised in-depth trading analysis and high-end visual tools, providing market insight to develop trading opportunities.
  • Sucden Financial will officially request market maker status on ICE Futures Europe, with the intention of making markets on STIR contracts from September 2022.
  • Marc Bailey, Chief Executive Officer, Sucden Financial Limited, commented, "We are delighted to have completed this transaction and welcome the team of skilled traders and IT professionals to Sucden Financial.

Sucden Financial Appoints Michael Bell to Expand Coffee Business

Retrieved on: 
Tuesday, April 12, 2022

LONDON, April 12, 2022 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has hired Michael Bell as a coffee broker to help further expand its soft commodities services.

Key Points: 
  • LONDON, April 12, 2022 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has hired Michael Bell as a coffee broker to help further expand its soft commodities services.
  • Bell brings extensive market experience, with previous senior positions at several banks and brokers and as a former LIFFE coffee and cocoa grader.
  • "He will focus on increasing our coffee futures and options brokerage business here in London, complementing our existing team."
  • Sucden Financial has a proven track record of over 45 years in financial markets.

Sucden Financial Research now on Refinitiv Eikon

Retrieved on: 
Wednesday, June 30, 2021

LONDON, June 30, 2021 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has partnered with Refinitiv to distribute market insights and premium in-depth investment research via their Eikon platform.

Key Points: 
  • LONDON, June 30, 2021 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has partnered with Refinitiv to distribute market insights and premium in-depth investment research via their Eikon platform.
  • The dedicated research team and experienced trading professionals at Sucden Financial produce expert complimentary commentary and analysis, covering a wide range of markets.
  • Sucden Financial also offer premium Investment Research within a subscription package, providing access to a substantial library of reports.
  • Marc Bailey, Chief Executive Officer, Sucden Financial commented, "We continue making significant investments in our solutions and services, which includes our research offering.

Sucden Financial Expands FX Sales Team

Retrieved on: 
Wednesday, June 23, 2021

LONDON, June 23, 2021 /PRNewswire/ --Sucden Financial, the global multi-asset execution, clearing and liquidity provider, expands its FX sales team with multiple hires at its London headquarters.

Key Points: 
  • LONDON, June 23, 2021 /PRNewswire/ --Sucden Financial, the global multi-asset execution, clearing and liquidity provider, expands its FX sales team with multiple hires at its London headquarters.
  • Mike Wilkins joins as Global Head of FX Sales, with Toby Warner, Ian Steadman and Steven Robinson in FX sales roles.
  • They bring decades of FX sales and trading experience, most recently from StoneX, where Wilkins managed its foreign exchange sales and trading as Head of FX, for Europe, Africa, the Middle East and Asia.
  • Wayne Roworth, Global Head of FX, Sucden Financial said, "I am delighted to welcome Mike and the team, as we strengthen our salesforce, continue enhancing our FX services and develop our global client base."

Sucden Financial Expands FX Sales Team

Retrieved on: 
Wednesday, June 23, 2021

LONDON, June 23, 2021 /PRNewswire/ --Sucden Financial, the global multi-asset execution, clearing and liquidity provider, expands its FX sales team with multiple hires at its London headquarters.

Key Points: 
  • LONDON, June 23, 2021 /PRNewswire/ --Sucden Financial, the global multi-asset execution, clearing and liquidity provider, expands its FX sales team with multiple hires at its London headquarters.
  • Mike Wilkins joins as Global Head of FX Sales, with Toby Warner, Ian Steadman and Steven Robinson in FX sales roles.
  • They bring decades of FX sales and trading experience, most recently from StoneX, where Wilkins managed its foreign exchange sales and trading as Head of FX, for Europe, Africa, the Middle East and Asia.
  • Wayne Roworth, Global Head of FX, Sucden Financial said, "I am delighted to welcome Mike and the team, as we strengthen our salesforce, continue enhancing our FX services and develop our global client base."

Sucden Financial release new STAR Mobile trading app

Retrieved on: 
Tuesday, June 15, 2021

LONDON, June 15, 2021 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has released a new mobile trading app for its futures and options trading system, STAR.

Key Points: 
  • LONDON, June 15, 2021 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has released a new mobile trading app for its futures and options trading system, STAR.
  • STAR Mobile provides real-time trading, position monitoring, order management and execution.
  • The new mobile app works in unison with the desktop platform and is available for Android and iOS mobile devices.
  • STAR is developed in-house, exclusively for Sucden Financial's clients and internal execution teams trading futures and options.

SUCDEN FINANCIAL Selects LISA Clearing Engine From ATEO Finance As Its Middle-Office Platform

Retrieved on: 
Tuesday, February 2, 2021

LONDON, Feb. 2,2021 /PRNewswire/ -- ATEO Finance, a leading provider of post-trade solutions for the listed derivatives space, is proud to announce that SUCDEN FINANCIAL , a leading global multi-asset execution and clearing provider, has selected ATEO's LISA Clearing Engine, as its middle-office platform.

Key Points: 
  • LONDON, Feb. 2,2021 /PRNewswire/ -- ATEO Finance, a leading provider of post-trade solutions for the listed derivatives space, is proud to announce that SUCDEN FINANCIAL , a leading global multi-asset execution and clearing provider, has selected ATEO's LISA Clearing Engine, as its middle-office platform.
  • LISA Clearing Engine also delivers a unique set of advanced clearing features.
  • David Romeo, ATEO's Managing Director, said: "We are extremely pleased to confirm that SUCDEN FINANCIAL is now live with our Lisa Clearing Engine middle-office platform.
  • Gavin Parker, SUCDEN FINANCIAL's Chief Operating Officer,said: "We are delighted with Lisa Clearing Engine, which provides connectivity to all our clearing partners and improves operational efficiency.