Sucden Financial has partnered with FairXchange, to provide its efx clients and partners with independent analysis of execution performance.
FairXchange is a data science firm specialising in microstructural analysis. It will supply Sucden Financial with its Horizon platform, which provides users with tools and techniques to manage and optimise their efx business.
Wayne Roworth, co-head of efx at Sucden Financial said "partnering with FairXchange has enabled us to further enhance our client offering, as we remain at the forefront of innovation in our space. The need for transparent, independent data on performance has never been greater; it informs discussions with our clients and valued liquidity partners, as well as giving us unparalleled insight into our own business.”
Guy Hopkins, founder of FairXchange said "we are delighted to have been chosen by Sucden Financial to provide our Horizon analytics platform. Our underlying philosophy is to provide market participants with tools to facilitate meaningful, constructive dialogue with their counterparties about execution performance. We look forward to working closely with Sucden Financial and assisting with strengthening their well-established business further, to the benefit of them, their clients and their liquidity providers."
About Sucden Financial
Sucden Financial is a leading international derivatives and FX broker providing access to a broad range of markets, including exchange and OTC traded products, as well as equities, fixed income, foreign exchange and bullion.
The company was formed in 1973 as the London brokerage arm of Sucden, an independent leader in soft commodities trading. Sucden Financial 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 member of the London Metal Exchange (LME) and has access to major global exchanges, offering clients fast, direct access to worldwide markets.
Based in the City of London, Sucden Financial also has offices in Moscow and subsidiaries in Hong Kong (Sucden Financial (HK) Limited) and New York (Sucden Futures Inc.).
Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority.
Sucden Financial (HK) Limited is licensed by the Securities and Futures Commission (SFC).
Sucden Futures Inc. is registered with the National Futures Association (NFA).
FairXchange is a data science firm specialising in microstructural analysis of financial markets. It was founded in 2016 with the aim of bringing clarity and transparency to execution performance through the provision of independent data. FairXchange has no affiliation with any liquidity providers or trading venues.