SugarCane Capital, a new boutique FX brokerage offering deliverable foreign exchange and payment services for private and corporate clients, was launched by industry veterans Rob Brown and Richard Cockburn. The announcement follows a soft launch in February 2020 with a small number of key clients.
Robert Brown, CEO of SugarCane Capital, commented: “Despite the global economic slowdown, there is no escaping how foreign exchange markets remain at the very heart of cross-border trade. The current climate will, however, see even greater scrutiny of the service cost and quality, two factors that are key to the SugarCane Capital proposition. We look forward to working with both new and existing clients to offer a wide range of services and solutions which are aimed at reducing their costs and saving them time.”
SugarCane Capital has been awarded a Small Payments Institution (SPI) license by the FCA. It uses cutting edge third-party technology to ensure clients benefit from institutional quality support regardless of their size. Core services include FX deliverable, FX forwards (Fixed + Window)International payments, and Multi-Currency Accounts. Joint Partnerships include Transaction and Trade finance, FX Data Analytics, AI-based Risk Forecasting, FX Liquidity Introductions (Primary feeds).
Terry Johnson, CEO of RAW Natural Beef, added: “The team at Sugarcane. Capital has already shown that they can provide a wide range of services that add value to our business. As a global exporter, we understand the importance of choosing the right Currency Broker who is transparent, offer good pricing and support from a team that understands our business.”
Robert Brown is an industry veteran with 15 years working for a range of foreign exchange brokerages, including CMC Markets and LMAX, and Richard Cockburn has over 20 years of experience in private banking and capital raising, having worked with high profile names including JP Morgan, UBS, and Societe Generale. The brokerage also offers a range of bespoke consulting services, including trade cost analysis for treasury desks and access to a curated network of liquidity providers to meet the exact needs of individual clients.
