Sucden Financial Record Revenues and £10.9m Net Profit for 2017

May 2, 2018 at 10:25 AM

Sucden Financial has revealed its financial report with the results for 2017, calling attention to company’s record revenues and profits made that year. The posted net profit of the company for the 2017 is £10.9 million, which is 30% more than it was in 2016.

Sucden Financial is one of the main brokerage companies based in London, UK. The company is licensed by FCA (Financial Conduct Authority) and is a subsidiary of a Sucres & Denrées S.A, French commodities trading company based in Paris.

Sucden Financial is a partner of the London Metal Exchange and is also a member of the Intercontinental Exchange. The company offers execution and clearing services for exchange trading assets, CFDs and Over-The-Counter (OTC) FX. Sucden Financial is also a forex market operator for both retail and corporate forex clients.

The CEO of the Sucden FInancial commented on the posted results that the report shows company’s stability and the potency of their business. The profits and revenues show that the large investments benefit the company and help it to grow and increase in all its areas and services. The company has big plans for its further growth and wants to develop in the area of foreign exchange, equities and bonds.

During 2017 Sucden Financial has been developed its holdings and funds. The brokerage gave the opportunity to access the major ECNs for trading foreign exchange 2017. The same year the company has added FX options to its portfolio.