just now
Sucden Financial is now an Overseas Intermediary of the three key markets; the Shanghai International Energy Exchange (INE), the Dalian Commodity Exchange (DCE) and the Zhengzhou Commodity Exchange (ZCE).
March 28, 2023 - Sucden Financial, the multi-asset execution, clearing and liquidity provider, announced that its clients now have direct electronic access to trade all 25 of China’s futures and options contracts available to international participants together with other global markets from a single account.
As an Overseas Intermediary (OI), Sucden Financial can now provide international clients access to a list of contracts, including copper, crude oil, low sulphur fuel oil, and rubber on the INE; iron ore, palm olein, soybeans, soybean oil, and soybean meal on the DCE; as well as purified terephthalic acid, rapeseed oil, rapeseed meal, and peanut kernels on the ZCE.
With the addition of the three Chinese exchanges (see above), Sucden Financial’s clients can now trade on many of the world's commodities markets from a single account. Through this, Sucden aims to provide enhanced arbitrage and risk management capabilities.
Marc Bailey, Chief Executive Officer of Sucden Financial commented: “We are delighted to offer clients access to three key futures markets in China, the world’s largest commodity consumer. As a result of our long-standing relationships in China and our bespoke IT platforms, Sucden Financial can now offer clients the ability to trade seamlessly across leading commodities markets and capture opportunities as they arise in an increasingly complex global environment from a single account.”
Sucden Financial is also a Category 1 member of the London Metal Exchange and offers direct access to the CME’s base metals futures and options contracts.
