London-based broker wants to expand sales to asset managers, hedge funds and props
UK broker Sucden Financial has become the
latest firm to outline a plan to boost its foreign exchange
business after hiring an experienced FX head of business
development from ABN Amro Clearing.
Sucden, which was originally a commodities
house but has been offering FX brokerage services for decades,
said on Wednesday it is looking to move aggressively into
providing FX brokerage services to non-banks, such as asset
managers, hedge funds and prop traders.
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