Sucden Financial (HK) Granted Type 3 (Leveraged Foreign Exchange) Licence by SFC

Friday, November 29, 2013

Sucden Financial (HK) Limited has been granted a Type 3 (leveraged foreign exchange) licence by the Securities and Futures Commission (SFC) in Hong Kong.

The new licence enables clients of Sucden Financial (HK) to trade FX directly with its brokerage desk or via one of its electronic trading systems, providing direct access to STP FX, with tight pricing and deep liquidity.

The firm also acts as an introducing broker to the parent company, Sucden Financial Limited for its futures and options business and trades bullion directly for clients.

Michael Overlander, CEO of Sucden Financial Limited said, “With a firmly established reputation in the region, the leveraged foreign exchange trading licence demonstrates our commitment to our Hong Kong subsidiary and continued expansion in Asia.”

Raymond Mok, Head of FX and Bullion Development for Sucden Financial (HK) said, “Clients are now able to take advantage of the benefits of trading FX directly on our internationally recognised electronic trading platforms, as well as via our brokerage desk in Hong Kong.”


About Sucden Financial (HK) Limited

Established in 2008, Sucden Financial (HK) Limited is the Hong Kong subsidiary of Sucden Financial Limited.

The firm is licensed by the Securities and Futures Commission (SFC) to engage in leveraged foreign exchange trading. The company also acts as an introducing broker to the parent company for its futures and options business and trades bullion directly for clients.

Sucden Financial (HK) Limited is regulated by the Securities and Futures Commission (SFC).

www.sucdenfinancial.hk

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