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Sucden Financial
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Retail FX
Sucden Financial Secures $100 Million Credit Line for Its “Organic Growth”
2025-07-08T06:18:00.198+02:00
The company secured the money as a revolving credit facility from four banks.
Such a credit facility allows a borrower to draw down, repay, and re-borrow funds up to a specified limit.
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Arnab Shome
Brokers
Sucden Financial Boosts Dividend by 50% as Return on Capital Nearly Doubles
2025-05-07T08:44:16.052+02:00
The company’s full annual report reveals a 50% increase in dividend payments to £15 million.
It also expanded its global presence with a new Singapore branch and a German subsidiary that began operations in early 2025.
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Retail FX
Sucden Financial’s 2024 Profit Surges 55% as Revenue Rises
2025-05-01T14:36:05.942+02:00
Net revenue increased by 22.1% year-on-year to £85.2 million, while total net assets jumped 7%.
The company credited its success to expanding client services and technology investment.
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Institutional FX
Sucden Financial Expands in Europe with New Hamburg Office Focused on LME Contracts
2025-01-07T13:25:17.911+02:00
The new Hamburg office is licensed by BaFin and is a Category 4 Member of the LME.
The team will initially focus on LME contracts for clients in Germany and the EU.
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Executives
Bloomberg Veteran Assumes Head of Exchange Traded Derivatives at Sucden Financial
2024-09-25T11:12:39.544+02:00
Rob Noyce has about two decades of experience in the financial sector, with notable positions at UBS and Citi.
Before joining the current firm, Noyce was a Director at UBS for six years.
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Institutional FX
Sucden Financial Sees 30% Jump in 2023 Profits despite Revenue Dip
2024-07-02T11:13:32.870+02:00
The net profit was at £23.9 million before taxation.
Total assets also grew, reaching a value of £168.5 million.
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Institutional FX
ICE and Sucden Group Forge Alliance to Enhance Trading Solutions
2024-01-31T18:28:28.333+02:00
The group aims to benefit from ICE's Portfolio Analytics platform.
This platform facilitates pricing, trading, and risk management.
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Jared Kirui
Institutional FX
Sucden Financial Augments Risk Management with Nasdaq Technology
2023-12-12T11:49:04.805+02:00
The company renews its Nasdaq partnership, enhancing market risk management.
The deal expands market coverage and introduces new data analytics tools.
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Retail FX
Sucden Financial Ends 2022 with Flat Revenue and Profit
2023-05-16T12:15:44.775+02:00
The company generated a revenue of £69.5 million last year.
It also strengthened its balance sheet.
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Arnab Shome
Executives
Sucden Financial's Head of e-FX Joins ADM Investor Services International
2023-02-28T11:15:08.489+02:00
Peter brings more than two decades of market experience in eFX and CFDs.
For most of that time, he has worked for Sucden.
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Damian Chmiel
Institutional FX
Sucden Financial Buys Atlantic Trading to Tap into STIR Market Making
2022-07-21T08:42:14.438+02:00
The financial terms of the deal are not known.
Sucden is going to request a market maker status on ICE Futures Europe.
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Institutional FX
Sucden Financial Posts 1,025% Jump in 2021 Profits as Revenue Recovers
2022-05-05T13:15:53.389+02:00
The extreme profits came after the company struggled with the impact of the pandemic.
Its revenue in the year jumped more than 29 percent.
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Executive Moves
Sucden Financial Hires Michael Bell to Enhance Coffee Business
2022-04-12T15:17:20.530+02:00
The company has recruited Bell as Coffee Broker.
Bell previously worked with some of the world’s leading financial firms.
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Bilal Jafar
Exchanges
Sucden Financial Remains Profitable despite 2020 Turmoils
2021-07-27T12:21:50.000+02:00
The company reported a revenue of £53.9 million for the year.
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Institutional FX
Sucden Financial Announces Partnership with Refinitiv
2021-06-30T13:42:11.000+02:00
The company has collaborated with Refinitiv to distribute market insights and research through Eikon platform.
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Bilal Jafar
Executive Moves
Sucden Financial Broadens Its FX Sales Team, Mike Wilkins as Global Head
2021-06-23T12:43:41.000+02:00
The newly added team members will assist in the expansion of Sucden Financial’s client base.
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Tom Hazan
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Institutional FX
Sucden Financial Introduces New STAR Mobile Trading App
2021-06-15T10:56:13.000+02:00
The new app has various features including real-time trading and position monitoring.
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Institutional FX
Sucden Financial Collaborates with ATEO Finance for Middle-Office Platform
2021-02-02T13:27:55.000+02:00
The company selected ATEO’s LISA Clearing Engine to integrate advanced clearing features.
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Execution
Sucden Financial Expands eFX Reach, Becomes Principal of NTpro
2020-08-12T12:00:19.000+02:00
NTpro is the Russian brand name of trading platform BierbaumPro.
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Celeste Skinner
Institutional FX
Sucden Financial Joins TrueFX Clearing Member Network
2020-06-09T10:14:05.000+02:00
Sucden Financial and TrueFX partner to provide access for buy-side FX market participants
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Institutional FX
Sucden Financial Reports Another Year of Strong Financial Performance
2020-04-28T16:21:22.000+02:00
The London-based firm has adapted its processes to deal with the effects of Covid-19
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Execution
Sucden Financial Selects Cobalt’s Post-Trade FX Infrastructure
2020-02-19T13:23:44.000+02:00
Sucden Financial will be able to utilize Cobalt’s range of middle and back-office trade solutions.
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Celeste Skinner
Executive Moves
Michael Overlander to Step Down as Sucden CEO
2019-07-03T12:46:44.000+02:00
Deputy CEO Marc Bailey will take on Overlander's role, with the outgoing CEO remaining at the broker as non-executive chairman
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Executive Moves
Sucden Lures Rafael Caporale to Head LME Options Business
2019-06-12T16:39:10.000+02:00
Prior to Sucden, Caporale had been with the investment banking arm of Societe Generale Corporate (SGCIB) for over 4 years.
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Aziz Abdel-Qader
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Executive Moves
Alan Amari Joins Sucden Financial eFX Sales Team
2019-05-06T09:29:01.000+02:00
Amari will report to Kirsty Gillies, global head of eFX sales at the broker
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David Kimberley
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