Sucden's e-FX volumes almost double Q3 of last year

The broker sees a 91% jump from the same period of last year

peter-brooks
Peter Brooks, Sucden Financial

Soft commodities broker Sucden Financial has almost doubled its electronic foreign exchange trading volumes in the third quarter of this year, compared with the same period of 2013, citing an uptick in activity from existing clients and a string of new ones.

Without disclosing any volume figures, Sucden says activity increased by 21% in Q3, compared with the previous three months of the year, and by 91% on the third quarter of 2013.

The broker provides institutional liquidity to retail FX

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