Sucden Financial today announced that it has become a registered Eurex Liquidity Provider, building on its existing Exchange membership.
Eurex is one of the world’s leading derivatives exchanges, offering a broad range of international benchmark products and operates some of the most liquid fixed-income markets. Sucden Financial is now electronically providing liquidity to the long end of the Euro rates curve for options on Buxl, Bund, Bobl, and Schatz contracts. Sucden Financial has also been a market maker for ICE Futures Europe’s short-term interest rate (STIR) options since 2022.
Marc Bailey, Chief Executive Officer, Sucden Financial, commented:
“Since entering the interest options rate market in 2022, our team has delivered solid results, giving us the confidence to expand our offer and build upon the significant experience we have developed. We continue to look for organic growth opportunities in new markets where we are able to deploy our existing infrastructure and extensive networks.”
Lee Bartholomew, Global Head of FIC ETD Product Design at Eurex, added:
“In an increasingly volatile world, we believe our fixed income options are a valuable tool for investors to manage exposures and express views. Sucden Financial joining our market-making community will help increase liquidity and price discovery in the segment”.
