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Sucden starts multi-asset DMA system for funds


Brokerage firm Sucden Financial is launching a new electronic trading system that will enable hedge funds to trade equities, options, commodity and financial futures directly on the global markets.

Sucden Financial – a subsidiary of Sucres et Denrées, the Paris-based private group focused primarily on sugar trading – acts as broker to hedge funds, institutions, trading groups and high-net-worth individuals.

The firm’s new system, Storm, is a response to an increase in clients using more sophisticated combinations of markets and contracts, across a wide range of asset classes requiring high-speed direct market access to exchanges and trading platforms.