Tag: Sucden Financial

Sucden Financial

Burr Joins Sucden

Sucden Financial has appointed Alan Burr for LME metals and options trading at its Hong Kong subsidiary. The firm says the appointment will help enhance the Hong Kong hub’s market making to add liquidity in the region. He will primarily focus on LME metal products, including options and average price contracts, working directly with the […]

Sucden Joins TrueFX Clearing Network

TrueFX, an OTC market designed for the buy side, today announces that multi-asset execution, clearing and liquidity provider, Sucden Financial, has joined as a clearing member. Launched earlier this year, the clearing network allows buy side firms of all sizes to directly access liquidity on TrueFX from market makers without an intermediary. Users have the […]

Hodge Joins Sucden

Sucden Financial has appointed Thomas Hodge to build and run its new average pricing function within its LME business. As head of LME average price trading, Hodge will complement and extend Sucden Financial’s existing ability to facilitate LME hedging requests, providing a dedicated averaging service to allow an exact match between client risk and the […]

Sucden Goes Live with Cobalt for Post-Trade

The post-trade infrastructure provider Cobalt has today announced that Sucden Financial is joining Cobalt’s post-trade technology network for its FX business. Cobalt’s post-trade infrastructure creates a single trusted set of standardised trade data from which Sucden can utilise Cobalt’s range of middle and back office trade solutions, including its Core Credit module. Sucden is accessing […]

P&L Talk Series with Sucden Financial’s Kirsty Gillies

Kirsty Gillies, global head of e-FX sales at Sucden Financial, talks to Profit & Loss about how the firm is expanding in different geographies, the impact of fintechs on the e-FX industry and the importance of diversity in the workplace. Profit & Loss: Sucden Financial has been expanding its presence in Hong Kong lately, is […]

Changes at the Top of Sucden Financial

Sucden Financial has announced an organisational change at the top of the business with current CEO Michael Overlander moving to a non-executive chairman role and Marc Bailey, deputy CEO, stepping up to the head of the business. The changes will come into effect on January 1 2020, Serge Varsano will also remain on the board […]

Gillies Joins Sucden

Sucden Financial has appointed Kirsty Gillies as global head of e-FX sales as it seeks to further enhance its presence across worldwide FX markets.
Gillies joins Sucden Financial after spending eight years at UBS, where she held the position of executive director. She was responsible for running its e-FX sales team in London, having begun her career at Barclays Capital.
Reporting to co-heads of e-FX Peter Brooks and Wayne Roworth at Sucden Financial in London, Gillies will be responsible for “elevating its sales strategy in order to generate new business and solidify Sucden Financial’s presence across worldwide markets”.

Re-Imagining the Prime Services Ecosystem

On a panel discussion entitled “The Twists and Turns of FXPB”, speakers at Profit & Loss Forex Network Chicago discussed the possibility for technology to radically re-shape the prime services ecosystem.

Technology’s impact on prime services was the jumping off point for the last panel at Profit & Loss Forex Network Chicago. Peter Plester, head of prime brokerage at Saxo Bank A/S highlighted the impact that technology had already in terms of risk management in this segment pointing out that the traditional plumbing for starting up a prime broker was to connect to NEX Traiana and the various ECNs and have STP for tickets, but that the central risk system internal to the PB was fairly manual.

Stater in Second Sucden Hire

Ayhan Gurcuoglu has been appointed by Stater Global Markets as regional sales manager (Turkey). He joins from Sucden Financial, where he was also regional manager for Turkey.
In addition to three years at Sucden Financial, Gurcuoglo was at Sanko Securities for five years, where he progressed from financial dealer to foreign markets assistant manager and was, the firm says, instrumental in building up the organisation’s FX and CFD departments. His career history also includes working at Tera Brokers and at Raymond James in Turkey.