Michael Davies has been promoted to Head of eFX Sales EMEA at Sucden Financial following a period of significant growth at the London-based prime of prime brokerage.
Davies joined Sucden Financial as an analyst over a decade ago before moving into its eFX business in 2011. He has played a key role in building the eFX team and growing a global client base consisting of some of the biggest names in the retail broking market.
Michael Overlander, Chief Executive, Sucden Financial said, “Michael has been instrumental in establishing and growing our e-FX team and his promotion is very much deserved.”
Michael Davies added, “Sucden Financial has a great eFX offering, with a 100% STP model, established bank relationships, a strong balance sheet, and over 40 years of experience in the financial markets. We are in a strong position for continued growth and, as part of my new role I plan to continue our focus on emerging markets as well as key territories such as London, where it appears there is a surge in new brokerages establishing themselves.”
About Sucden Financial
Sucden Financial is a leading international derivatives and FX broker providing access to a broad range of markets, including exchange and OTC traded products, as well as equities, fixed income, foreign exchange and bullion.
The company was formed in 1973 as the London brokerage arm of Sucden, an independent leader in soft commodities trading. Sucden Financial has since evolved into one of the largest brokers for traders, fabricators, producers, consumers, investment houses, hedge funds, commodity firms and retail brokers.
Sucden Financial is a ring dealing member of the London Metal Exchange (LME) and has access to major global exchanges, offering clients fast, direct access to worldwide markets.
All senior appointments to Sucden Financial Limited are subject to regulatory approval.
Based in the City of London, Sucden Financial also has offices in Moscow and subsidiaries in Hong Kong (Sucden Financial (HK) Limited) and New York (Sucden Futures Inc.).Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority (FCA).
Sucden Financial (HK) Limited is licensed by the Securities and Futures Commission (SFC).
Sucden Futures Inc. is registered with the National Futures Association (NFA).