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The trading applications are exclusively available to Sucden Financial’s corporate and institutional clients for trading futures and options. In addition, Sucden Financial ‘s key regulator, the FCA, has developed international standard regulation that also allows cross-border deals between the EEA region and further. In short, as the UK controlled broker Sucden Financial has defined its activities with respect to its customers, it follows strict rules on money processing, segregation and keeps action towards a safe and stable trading climate.
Thorough market research is essential to have a lucrative trading experience. An analysis is used by traders to identify trends, understand the market drivers, price movements, short and long-term resistance and values. Sucden Financial traders have access to worldwide markets about fixed income with not only electronic API but also voice execution solutions.
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“We continually enhance our services, utilising the latest technology to increase efficiencies for clients,” says Gavin Parker, COO of Sucden Financial. Gillies, who joins from UBS Group AG where she served as executive director for eight years, will be responsible for elevating the group’s sales strategy to generate new business and solidify the company’s worldwide presence. Through existing partnerships with academic institutions around the globe, it’s likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login. These codes were initially introduced by the SWIFT organization as “swift codes” but were later standardized by the International Organization for Standardization as “BIC” meaning “Business Identifier Codes”. Most people think B.I.C. stands for “Bank Identifier Codes” (“bank” instead of “business”) but that is incorrect since non-financial institutions can also join the swift network.
Sucden Financial does not provide information about specific account types. Potential traders can contact the company’s customer support to obtain account information. The regulating bodies ensure safe trading conditions such as segregated customer funds and the best trading practices. Leverage ratios are permitted by financial authorities and depend on the jurisdiction to others and subject to authority rules. Spreads could be variable or fixed, depending on market movements such as interest rates. During the next few years, the company expanded greatly and opened offices in Moscow and Hong Kong, as well as a subsidiary in New York.
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Traders are granted direct access the CME’s base metal futures along with options contracts. CFD trading involves the speculation of prices on global financial markets which may include currencies, shares, commodities and indices. Some brokers offer bonuses as a way of welcoming or reimbursing customers for trading with that specific broker. These rewards are usually done using cashback programs, “Refer a Friend” programs or gift vouchers.
Combined with Sucden Financial’s established NY4 and LD4 infrastructure, the addition of TY3 brings ultra-low latency access to the company’s unique and customised liquidity across all three regions. His appointment will boost our already established presence in the area, as we continue to grow our international business during these unprecedented times.” Salary + bonus is kind of limited if you are young, since the bigwigs take most of the bonus.
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Chartis Research provides unrivalled, impartial and deep research and analysis on all aspects of the risk technology space, supporting the world’s top decision makers with outstanding risk technology insight and advice. Peter Brooks, Co-Head of eFX, Sucden Financial commented; “We are delighted to welcome Darren. He has a wealth of experience and expertise to help us expand our institutional FX services to a broader client base.” Speaking at the Conference, he will say that the firm remains bullish on its outlook for base metals, including zinc, over a two year horizon from both a fundamental and inflationary perspective.
If you have any problems with your access or would like to request an individual access account please contact our customer service team. Sucden Financial is a ring dealing member of the London Metal Exchange and has access to major global exchanges, offering clients fast, direct access to worldwide markets. Turning to the here and now, Sucden Financial believe that prices may drift lower, reflecting a surge in Chinese supply and awaiting ‘real’ demand growth. However, the firm maintains the only real positive environment for metals is China and is sceptical as to the ‘green shoots’ argument in relation to Western market economies. They also retain that there remains a real possibility for markets to take a step towards the downside in 2010. Traders need to acknowledge and beware of the risks of loss involved with trading futures, options or contracts for differences.
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As the company is a category one member of the London Metal Exchange , it has a trading team which is active on the floor. The company also has a full membership to the London Bullion Market Association . Cryptocurrencies are digital assets used using exchanging digital token coins such as Bitcoin. This Sucden Financial type of trading usually involves price movement speculation via CFDs. When traded in a calculated manner, commodity trading is one of the safest trading options, especially in times of economic uncertainty. Index trading involves a group of global stocks such as NASDAQ, FTSE, German DAX, AEX etc.
- The company was formed in 1973 as the London brokerage arm of Sucden, an independent leader in soft commodities trading.
- Most brokers provide research tools to assist traders with researching the markets they are interested in, helping to make informed trading decisions while minimising the risks involved.
- In fact, Sucden Financial Review has revealed that it is a trading member of the London Metal Exchange LME, which also has access to other exchanges, resulting in direct access to foreign markets.
- Traders need to acknowledge and beware of the risks of loss involved with trading futures, options or contracts for differences.
- Foreign exchange companies, such as Sucden Financial, offer private and institutional customers an electronic trading platform to trade in a wide selection market instruments such as forex, commodities, financials and shares.
Sucden Financial has been offering FX services for over 30 years, with established prime brokerage relationships and liquidity from a variety of sources, including tier 1 banks. The firm provides a range of FX services, including eFX, ECN access, credit intermediation, deliverable FX, NDFs and OTC options. Barker has over 30 years of experience in FX and specialises in selling a full range of FX products to institutional firms, including hedge funds, CTAs, private equity funds and banks. He joins the firm from RJ O’Brien, where he was a senior director for sales and trading. Previous roles included senior sales and trading positions at Natixis, Unicredit, JPMorgan, Bank of America, UBS, Citi and Deutsche Bank.
What Is Sucden Financial?
Sucden Financial has headquarters in London, with offices in Moscow and subsidiaries in Hong Kong and New York, providing a global reach and a local service to clients around the clock. With a live trading account, traders deposit and trade with real money at actual profits and losses. A Demo account allows traders to trade in a simulated, risk-free trading environment with virtual money, at no profits or losses. Customers have access to the world’s most liquid financial market through a range of forex solutions, including eFX, FX options and deliverable FX.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. We will use this information to route your request to the right team within our company. If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform covered by your license at Market Intelligence platform or S&P Capital IQ. In this page you will find detailed information about the swift code “SUFNGB21XXX” of “Sucden Financial Limited”.
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Sucden Financial Limited has been operating for more than 35 years as a leading Commodity and Financial Futures and Options broker, with membership of many of the world’s major exchanges. Sucden Financial also maintain that over the medium term, China has surprised markets by its supply response this year, which has witnessed the reversing of both mine and smelter production cuts. According to the firm, this may well result in a potential delay to the upside, thereby short-circuiting the current strength. Sucden is one of nine Category 1 LME members allowed to trade in the ring, a circle of padded, red-leather benches where traders signal buy and sell orders with hand signals and shouting. The 144-year-old exchange suspended its ring about a year ago due to the coronavirus pandemic, but proposed in January to make the move permanent and shift to electronic trading.
Chartis Research’s Quarterly Market Intelligence update provides an overview of market, regulatory and vendor activity in the RiskTech, FinTech and RegTech markets. View our latest in market leading training courses, both public and in-house. Top 10 Energy Dividend Stocks To Invest In Limited is authorised and regulated by the Financial Conduct Authority. Maria has been engaged in journalism for more than 13 years, providing Forex industry coverage for the past seven years. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. Sucden Financial Limited is authorised and regulated by The Financial Services Authority.
The information provided by Sucden cannot be regarded as an attempt at solicitation or investment, nor can it be considered as an offer or recommendation for the purchase or sale of any investment and/or service. As Sucden Financial adheres to the high standards of the Financial Conduct Authority, traders can be assured that their funds are protected and that safe trading practices are followed. Sucden Financial has a strong and reputable history of operations and offers a very competitive trading environment for institutional and corporate traders.
Reviewed by: Robert Isbitts