
Sucden Financial Opens European Office in Hamburg, Germany

Sucden Financial Limited, the London-based multi-asset execution and clearing provider, has opened its first European Union office in Hamburg, Germany, as part of its post-Brexit expansion strategy.
The new subsidiary, Sucden Financial Hamburg GmbH, has secured licensing from Germany's Federal Financial Supervisory Authority (BaFin) and has been granted Category 4 Membership of the London Metal Exchange (LME).
The Hamburg office will be jointly led by Co-Managing Directors Christoph Domisch and Barry Gershon, with Christoph Chopin joining as an LME Metals Broker. Initially focusing on providing LME contracts to German and EU clients, the company indicated it may expand its services to include commodity derivatives and foreign exchange markets.
Marc Bailey, CEO, Sucden Financial Limited
Marc Bailey, Chief Executive Officer of Sucden Financial Limited, said: "We are pleased to have opened our new European office in Germany, delivering on our strategic goal to expand our capacity, increase our global reach and be licensed by BaFin. I believe this office will serve as a strategic foothold for further expansion into other European markets, typifying Sucden Financial's client-focused approach to developing services for the future."
He added: "Our investment of financial, intellectual, and human capital in this important step underlines our commitment to capitalise on the opportunities that dynamic and changing markets present to our clients. We are grateful for the diligence and support of many stakeholders, including BaFin, in enabling responsible companies to participate in this highly respected international jurisdiction."
Christoph Domisch, Co-Managing Director, Sucden Financial, Hamburg
Christoph Domisch, Co-Managing Director of Sucden Financial Hamburg, highlighted Germany's position in the metals market: "Germany is one of the world's leading industrial economies with significant metals demand that we are very well placed to support through our new Hamburg office. We look forward to further developing our strong relationships with major metals users, producers and recyclers in Germany and across the continent."
Barry Gershon, Co-Managing Director, Sucden Financial, Hamburg
Barry Gershon, fellow Co-Managing Director, said: "This is an important milestone for Sucden Financial and clearly shows our commitment to providing clients with an expanding range of services to meet their growing needs in a complex global environment and our commitment to the LME. Through this new capability, we will be able to create benefits for all by facilitating greater liquidity and improved volumes while enabling European clients to enhance their hedging and risk management processes."
Sucden Financial, established in 1973, operates as an independent subsidiary of soft commodities trading group Sucden. The firm maintains regulatory authorisations across multiple jurisdictions through its subsidiaries: Sucden Financial Limited (FCA-regulated), Sucden Financial Hamburg GmbH (BaFin-regulated), Sucden Financial (HK) Limited (SFC-licensed), and Sucden Futures Inc. (NFA-registered).
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