5 April 2017
SUCDEN FINANCIAL PICKS BSO TO ADVANCE GLOBAL NETWORK CONNECTIVITY INTO HONG KONG
International FX and derivatives broker Sucden Financial has selected BSO to provide clients with unrivalled low-latency connectivity to execute derivative trades between London and Hong Kong.
The deal enables Sucden Financial to deliver continuous network uptime between the two financial districts, as well as seamless access to its electronic trading platform STAR, which is used to trade futures and options on the major exchanges. BSO’s experience in navigating the highly complex Asian landscape, coupled with its highly stable trading circuits, were the two key factors behind Sucden Financial’s decision.
BSO’s reliable low-latency connectivity and proactive team made them the ideal fit.
Commenting on the partnership, Gavin Parker, Chief Operating Officer (COO) of Sucden Financial said: “We wanted a provider that not only understood the nuances of the Asian market, but could also provide the flexibility to adjust to ever-changing market dynamics. A combination of BSO’s reliable low-latency connectivity and proactive team constantly assessing trading routes, made them the ideal fit for our business.”
Fraser Bell, Chief Revenue Officer (CRO) of BSO added: “As demand for derivatives trading increases between London and Hong Kong, delivering network reliability has never been more important for global financial markets. With market appetite for trading futures and options particularly strong, Sucden Financial needs the most reliable network to ensure its clients have consistent access to its electronic trading platform.”
Sucden Financial, currently live on the BSO network, is now well placed to ensure its clients can reach more derivatives markets than ever before. For BSO, the partnership reinforces its continued commitment to providing network expertise to the emerging markets.
About Sucden Financial
Sucden Financial is a leading international derivatives broker providing access to a broad range of markets, including exchange and OTC traded products, as well as equities, foreign exchange and bullion.
Formed in 1973 as the London brokerage arm of Sucres & Denrées (Sucden Group), the firm 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/Category 1 member of the London Metal Exchange (LME) and provides clients with fast, direct access to global markets.
Based in the heart of the City of London, Sucden Financial has offices in Moscow and a subsidiary in Hong Kong (Sucden Financial (HK) Limited).
Sucden Financial Limited is authorized and regulated by the Financial Conduct Authority (FCA).
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