London-based institutional FX company and international derivatives broker Sucden Financial‘s Hong Kong operation has today announced that it is now fully authorized to offer its clients futures and options trading, following the recent approval by the Securities and Futures Commission (SFC) in Hong Kong to change its type 2 status.
Previously Sucden Financial (HK) Limited acted as an introducing broker to its parent company, Sucden Financial Limited for futures and options business.
Michael Overlander, CEO of Sucden Financial Limited said; “This is great news for our rapidly expanding Hong Kong subsidiary, potentially opening the door to a future application for clearing membership of the HKEx, adding strength and momentum to our continued growth of operations in the Asia region.”