Get Custom Quotes, Info & More from Multiple Providers At Once.
LiquidityFinder
October 5, 2022

Sucden Financial Commences STIR Market Making

October 05, 2022 - Sucden Financial, the multi-asset execution, clearing and liquidity provider, has announced it is now a market maker for ICE Futures Europe’s short-term interest rate (STIR) options.

The new service is managed by Sucden Financial’s interest rate options team, which is now fully integrated following the acquisition of the trading, IT, and IP assets of Atlantic Trading London Limited.

“We are delighted to begin market making at Sucden Financial with the benefit of its established infrastructure and reputation in exchange-traded derivatives,” said Amik Sokhey, Senior Options Trader, Sucden Financial Limited. “After a decade of ZIRP, we are excited to engage in an environment where the distribution of terminal rates has changed dramatically,” he added.

Marc Bailey, CEO, Sucden Financial, commented, “The purchase and integration of Atlantic Trading have enabled us to rapidly enter a new business area at an attractive time, leveraging our existing infrastructure and exchange memberships. In addition, this bolt-on acquisition exemplifies our strategy of identifying and capturing opportunities in complementary services that enable us to grow our revenue streams incrementally.”

Atlantic Trading acted as a liquidity provider and market maker on interest rate and bond options, covering all European and select US interest rate markets for nineteen years. Their team of quantitative strategic traders utilised in-depth trading analysis and high-end visual tools, providing market insight to develop trading opportunities.

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started

LiquidityFinder

LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at press@liquidityfinder.com.

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.