Profit before tax was also mostly the same as last year, at £18.4 million, growing by 0.6%. Marc Bailey, Sucden Financial CEO, said: Sucden Financial delivered another strong performance in 2022, driven by the hard work and expertise of our people and the positive impact of our ongoing strategic initiatives. Our sustained investment in technology…
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Marc Bailey, Chief Executive Officer at Sucden Financial, said: We are delighted to have completed this transaction and welcome the team of skilled traders and IT professionals to Sucden Financial. They will add a new interest rates and bonds capability and complement our existing LME and FX options coverage. Under the acquisition deal, four staff…
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Net revenues came in at £69.8 million, 29.5% higher than the £53.9 million generated the previous year. Profit before tax skyrocketed with 1,025% to £18.0 million, compared to £1.6 million in 2020. Marc Bailey, Sucden Financial CEO, said: 2021 was a strong year, as we continued to expand our diversified client base and invest in…
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BlackBull Markets has revealed a partnership with affiliate marketing network Commission Junction. The New Zealand-based fintech firm pointed out that the Commission Junction was selected as a referral partner due to its broad network of collaborators and reputation for complementing the organic growth that companies experience. BlackBull Markets will start drawing on Commission Junction’s solutions…
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Marc Bailey, Chief Executive Officer at Sucden Financial, said: We continue making significant investments in our solutions and services, which includes our research offering. I am delighted that Refinitiv’s vast client base now have direct access to our market reports. Zach Cordes, Head of Agriculture at Refinitiv, commented: We are thrilled to be partnering with…
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ASIC announced that Societe Generale Securities Australia Pty Ltd (SGSAPL) has met the additional Australian financial services (AFS) licence conditions imposed on the company and they were removed on 3 June 2021. The licence conditions imposed on SGSAPL in June last year required the company to appoint an independent expert to assess and test the…
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Wayne Roworth, Global Head of FX said: I am delighted to welcome Mike and the team, as we strengthen our salesforce, continue enhancing our FX services and develop our global client base. Mike Wilkins, Global Head of FX Sales, commented: Sucden Financial is a well-established company and recognised leader within the FX industry, with a…
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Research published by the Financial Conduct Authority (FCA) reveals that 2.3 million adults now have cryptoassets. The number is 1.9 million higher than last year. The research estimates that 78% of people have heard of cryptocurrencies while last year it was 73%. The UK regulator’s analysis shows that as holding crypto has become commonplace, the attitudes toward…
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Gavin Parker, Chief Operating Officer, Sucden Financial said: Over the last year we have made significant investments to enhance efficiencies and deliver innovative solutions for our clients. He continued: STAR is one of our many success stories – an innovative, user-friendly and reliable platform. I am delighted with its latest enhancement – the new trading…
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International multi-asset broker HotForex has expanded its offering with the launch of exchange-traded funds (ETFs) and direct market access (DMA) stocks, exclusive to the company’s MT5 platform. Traders on HotForex can now benefit from CFDs on DMA Stocks and the direct market live pricing. Unlike CFDs on Stocks, which are not directly hedged in the underlying…
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