“We are delighted to offer clients access to three key futures markets in China, the world’s largest commodity consumer.”
Sucden Financial has announced direct electronic access to all 25 of China’s futures and options contracts available to international participants, together with other global markets from a single account.
The multi-asset execution, clearing, and liquidity provider has become an Overseas Intermediary (OI) of the three key Chinese commodities markets: the Shanghai International Energy Exchange (INE), the Dalian Commodity Exchange (DCE), and the Zhengzhou Commodity Exchange (ZCE).
All 25 of China’s futures and options contracts available to international participants
As an Overseas Intermediary, Sucden Financial can provide international clients access to a rapidly expanding list of contracts, including copper, crude oil, low sulphur fuel oil, and rubber on the INE; iron ore, palm olein, soybeans, soybean oil, and soybean meal on the DCE; as well as purified terephthalic acid, rapeseed oil, rapeseed meal, and peanut kernels on the ZCE.
The move opens the door to many of the world’s commodities markets, providing enhanced arbitrage and risk management capabilities to traders that are customers of Sucden Financial, which is also a leading Category 1 member of the London Metal Exchange and offers direct access to the CME’s base metals futures and options contracts.
China, the world’s largest commodity consumer
Marc Bailey, Chief Executive Officer, Sucden Financial Limited, said: “We are delighted to offer clients access to three key futures markets in China, the world’s largest commodity consumer. As a result of our long-standing relationships in China and our bespoke IT platforms, Sucden Financial can now offer clients the ability to trade seamlessly across leading commodities markets and capture opportunities as they arise in an increasingly complex global environment from a single account.”
Founded in 1973, Sucden Financial comes from a commodity futures and options trading background and offers UK FCA-regulated multi-asset execution, clearing, and liquidity provider across FX, fixed income, and commodities.
Sucden Financial entered STIR and bond options on ICE Futures Europe
Last year, Sucden Financial acquired the trading, IT and IP assets of Atlantic Trading London Limited, a proprietary market-making derivatives trading house, in order to gain access to short term interest rates (STIR) and bond options as the brokerage officially requested market maker status on ICE Futures Europe, with the intention of making markets on STIR contracts from September 2022.
Atlantic Trading is a liquidity provider and market maker on interest rate and bond options, covering all European and select US interest rate markets. Atlantic boasts a team of quantitative strategic traders that utilize in-depth trading analysis and high-end visual tools, providing market insight to develop trading opportunities.
