Sucden Financial Selects BSO to Enhance London-Hong Kong Connectivity

BSO, the global Ethernet network, cloud and hosting ‎provider, was selected by FX and derivatives broker Sucden Financial to provide clients with low-latency connectivity to execute derivative trades between London and Hong Kong.

The BSO network provides Sucden Financial with reliable and diverse access points to its brokerage, clearing and trading services between the two financial districts.

BSO’s global low-latency network was the primary driver behind the decision, as it enables Sucden clients to access its services regardless of where they are situated. This is particularly important to high speed and algorithmic trading clients, who have a single point of access to international trading opportunities. In addition, the solution will enhance seamless access to Sucden’s electronic trading platform STAR, which is used to trade futures and options on the major exchanges.

Established in 1973, Sucden Financial is a derivatives broker operating in a broad range of markets, including exchange and OTC traded financial and commodity futures and options, equities and foreign exchange. Sucden Financial is part of Sucres & Denrées, which has a presence in over 30 locations worldwide.

Commenting on the partnership, Gavin Parker, Chief Operating Officer (COO) of Sucden Financial, said: “We wanted a provider that not only understood the nuances of the Asian market, but could also provide the flexibility to adjust to ever-changing market dynamics. A combination of BSO’s reliable low-latency connectivity and proactive team constantly assessing trading routes, made them the ideal fit for our business.”

Fraser Bell, Chief Revenue Officer (CRO) of BSO, added: “As demand for derivatives trading increases between London and Hong Kong, delivering network reliability has never been more important for global financial markets. With market appetite for trading futures and options particularly strong, Sucden Financial needs the most reliable network to ensure its clients have consistent access to its electronic trading platform.”

(Photo: pixabay)

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