Sucden Financial Hamburg office expansion boosts European presence and supports growth in industrial metals and trading services.
Sucden Financial Hamburg office expansion boosts European presence and supports growth in industrial metals and trading services.
Sucden Financial has announced the expansion of its European operations by opening its new Hamburg office to meet the growing demand for its services across the region. Germany’s Federal Financial Supervisory Authority (BaFin) has officially licensed the new office, a subsidiary of Sucden Financial Limited, a Category 4 Member of the London Metal Exchange (LME).
The Hamburg office will initially focus on offering clients in Germany and throughout the European Union access to LME contracts, capitalizing on Sucden Financial’s established relationships in the industrial metals sector. This strategic expansion aims to strengthen the company’s presence in the European market and offer more tailored services to industrial metals customers.
Christoph Domisch and Barry Gershon will lead the Hamburg team, and Christoph Chopin will join as an LME Metals Broker. Sucden Financial sees this move as essential to its broader growth strategy.
Marc Bailey, CEO of Sucden Financial Limited, emphasized that the new office is a key step in the company’s goal to broaden its global reach and better serve its clients. “This office not only strengthens our European capabilities but also underscores our commitment to evolving our services in response to the dynamic nature of global markets,” he said. Looking ahead, the Hamburg office may expand its offerings to include additional commodity derivatives and foreign exchange markets, further enhancing its value to clients across Europe.
Christoph Domisch, co-managing Director of Sucden Financial Hamburg, highlighted Germany’s position as a major industrial economy with substantial metals demand. He noted that the Hamburg office is ideally positioned to serve the needs of the region’s metals producers, users, and recyclers.
Barry Gershon, Co-Managing Director, added that the expansion demonstrates Sucden Financial’s commitment to enhancing liquidity and providing clients with the tools to manage risk better and improve trading volumes. Lastly, this move marks a significant milestone for Sucden Financial as it continues to evolve and respond to the growing needs of its clients in an increasingly complex global market.
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