Sucden Financial Promotes Michael Davies to Head of eFX Sales EMEA

Wednesday, May 11, 2016

Michael Davies has been promoted to Head of eFX Sales EMEA at Sucden Financial following a period of significant growth at the London-based prime of prime brokerage.

Davies joined Sucden Financial as an analyst over a decade ago before moving into its eFX business in 2011. He has played a key role in building the eFX team and growing a global client base consisting of some of the biggest names in the retail broking market.

Michael Overlander, Chief Executive, Sucden Financial said, “Michael has been instrumental in establishing and growing our e-FX team and his promotion is very much deserved.”

Michael Davies added, “Sucden Financial has a great eFX offering, with a 100% STP model, established bank relationships, a strong balance sheet, and over 40 years of experience in the financial markets. We are in a strong position for continued growth and, as part of my new role I plan to continue our focus on emerging markets as well as key territories such as London, where it appears there is a surge in new brokerages establishing themselves.”

About Sucden Financial

Sucden Financial is a leading international derivatives broker providing access to a broad range of markets, including exchange and OTC traded products, as well as equities, foreign exchange and bullion.

Formed in 1973 as the London brokerage arm of Sucres & Denrées (Sucden Group), the firm has since evolved into one of the largest brokers for traders, fabricators, producers, consumers, investment houses, hedge funds, commodity firms and retail brokers.

Sucden Financial is a Ring Dealing/Category 1 member of the London Metal Exchange (LME) and provides clients with fast, direct access to global markets.

All senior appointments to Sucden Financial Limited are subject to approval by the Financial Conduct Authority.
Based in the heart of the City of London, Sucden Financial has offices in Moscow and a subsidiary in Hong Kong (Sucden Financial (HK) Limited).

Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority (FCA).
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