Access the world’s most liquid financial market
Through our financial strength, expertise and established infrastructure, we provide superior FX liquidity and a full range of FX services. We offer this through direct relationships with many top-tier banks, regional specialists, select non-banks and three prime brokers.
Our in-house experts provide a personal service, customising liquidity pools and solutions to suit your needs, and our specialist teams in London and Hong Kong provide round-the-clock support. Our clients can monitor their positions with our real-time FX trade and risk-reporting portal. Our product offering includes FX spot, forwards, swaps, OTC options, NDOs, NDFs and deliverable FX, across multiple execution venues. We also offer third-party credit intermediation, direct ECN access and FX clearing.
We provide customised eFX solutions to a wide variety of global institutions, including banks, hedge funds, proprietary trading firms and retail brokers. We offer superior liquidity through our relationships with top-tier banks, regional specialists and select non-banks who offer a true risk price. Our scale and position in the markets means we can offer individually tailored competitive pricing, minimising your trading costs.
OTC FX options have traditionally been dominated by primary-dealer banks and a small number of inter-dealer brokers. Electronic access to truly competitive pricing and independent pre-trade analytics has been limited, until now.
We provide an extensive deliverable product offering, with same-day payments, together with forward FX hedges, flexi-forwards, and time options, covering a comprehensive spectrum of currency pairs. You can control how and when you execute transactions through market, limit or stop loss orders by voice or through one of our electronic solutions, all with highly competitive pricing. In addition, our 24-hour service and your own account manager mean you can manage your FX risk at any time of day.
FX Global Code
Sucden Financial is committed to the FX Global Code and the Global Precious Metals Code.
Monthly commentary covering the FX markets, providing insights on recent developments on select currency pairs. This month we look at economic activity in Scandinavia, focusing on Sweden and Norway. The USD has firmed in recent weeks as the Fed became more hawkish, what does this mean for SEK, and NOK?
The rally we saw in Q4 2022 and the first weeks of 2023 has stalled, as China's re-opening has not triggered a large increase in consumption and is a services play, as well as the Fed remaining hawkish on rates. The dollar has firmed, causing metals to weaken, highlighting the fragility of the move higher. Spreads are in contango, Chinese prices are mostly in discount, and weaker premiums suggest a cautious market. A soft landing in the U.S., would boost sentiment, but fundamentally Chinese demand needs to return to sustain a meaningful rally. We believe stimulus measures in China are likely to be targeted at services and the consumer, capping consumption. Markets are macro-focused at the moment, and with the near-term outlook uncertain, upside moves are unlikely to be sustained until demand returns in a meaningful way.
Read our short coffee crop update, with commentary on recent price activity, and coffee market forecasts to take advantage of market movements. Since our last October report, the trend has changed, and we saw coffee prices strengthen, and the weather is now our main concern. In this coffee crop update, we assess the development of macroeconomic and consumer habit factors and provide our crop number estimates to help gauge the coffee price outlook.