London, United Kingdom
Sucden (UK) Limited, one of the UK's leading commodity and financial futures and options brokers, has announced it has successfully started trading for its clients on all available contracts on NYBOT's electronic platform.
New York Board of Trade (NYBOT) on Friday introduced side-by-side trading of NYBOT's benchmark agricultural commodities on ICE's electronic trading platform, from 07:00 a.m. ET through 15:15 ET (12:00 - 20:15 UK time).
Sucden was fully prepared and now offers full access to the new hours of trading on NYBOT for all of the available contracts, facilitated by STAR, Sucden's in-house trading platform. Sucden successfully traded their first order just after 12:00 (UK time), within seconds of the market opening.
Commenting on the new the trading hours, Michael Overlander, Chief Executive, Sucden UK said, "Sucden is at the forefront of commodities trading and our ability to facilitate these new hours and systems at short notice, is a credit to our people and systems." (Ends)
Notes to Editors
1. Sucden (UK) Limited has been operating for more than 30 years as one of the UK's leading Commodity and Financial Futures and Options brokers and is a member of many of the world's major exchanges.
2. Sucden (UK) Limited's parent is Sucres et Denrees SA, a company incorporated in France. The Sucden Group has operations throughout the world.
3. Sucden (UK) Limited is authorised and regulated by The Financial Services Authority
4. Electronic trading on NYBOT is now available on the following physical contracts:
a. Sugar No. 11sm (SB)
b. Sugar No. 14sm (SE)
c. Coffee "C"(R) (KC)
d. Cocoa (CC)
e. Cotton No. 2sm (CT)
f. Frozen Concentrated Orange Juice (FCOJ).
CONTACT: Sucden UK Tariq Ahmad, Director of Marketing & Corporate Strategy Direct +44 (0) 20 7940 9459 or Robert Cantle, Marketing & Communications Direct +44 (0) 20 7940 9546 press@sucden.co.uk www.sucden.co.uk
Source: Business Wire (Business Wire India)