Sucden Financial have appointed Raymond Mok to develop its bullion and foreign exchange business in the Far East. An application for the promotion of FX business from Hong Kong has been submitted to the Securities and Futures Commission (SFC).
Sucden Financial recently relocated its Far East operations to larger offices in the centre of Hong Kong’s financial district, to allow for further expansion.
Raymond brings a wealth of bullion and FX experience, having previously headed MF Global’s Hong Kong FX operation and joins Sucden Financial from the Bright Smart Group, where he headed their FX and Bullion desk.
Raymond Mok commented, “Sucden Financial is a well-established Futures broker in the region and I’m very much looking forward to building upon this reputation for developing the bullion business. Once we are granted the FX licence, we shall also be able to take advantage of the company’s excellent FX infrastructure, pricing and liquidity.”
Michael Overlander, CEO Sucden Financial, said, “We are delighted to welcome Raymond to Sucden Financial and we look forward to developing our bullion and FX capability in the Far East. This, once again, demonstrates our commitment and belief in the region.”