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.”