Sucden Financial Hires Noel Singh from Dutch Bank ABN Amro

Noel Singh is preparing to join Sucden Financial as Head of e-FX Business Development, FXWeek reports. An industry veteran, Singh joins from the FX Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term Department of Dutch bank ABN Amro, where he was Product Manager.

Mr Singh brings decades of experience in institutional level FX trading after 9 years at Dai-Ichi Kangyo in London, 5 years at EBS and various senior roles in the financial industry. He served as the Head of the FX Prime Brokerage business of SEB Merchant Group.

Sucden Financial has been at the forefront of the institutional FX industry in London during the past couple of years. The company’s offering has been steadily gathering speed with the firm reinforcing staff throughout the year with new hires and internal promotions.

Sucden Financial has reshaped its China operations with the promotion of Lucy Wainman, who has been appointed as the group’s Head of Sales – China back in June. The firm also secured the services of Barry Gershon. The former Global Head of Metals Trading for Jefferies Bache, was hired in May this year.