Sucden Financial Broadens Its FX Sales Team, Mike Wilkins as Global Head

Sucden Financial announced that it has broadened its FX sales team with four new hires. It has named Mike Wilkins as its Global Head of FX sales and Toby Warner, Ian Steadman and Steven Robinson in FX sales positions.

Finance Magnates recently learned in an official press release that four new positions have been filled at Sucden Financial, the global multi-asset Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, clearing and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, as it expands its FX sales team in the London headquarters. Mike Wilkins has taken on the Global Head of FX Sales role, while Toby Warner, Ian Steadman and Steven Robinson have filled the three FX sales posts.

They collectively bring extensive FX sales and trading experience to the clearing and liquidity provider. Most recently, Wilkins left StoneX, where he managed its foreign exchange sales and trading as Head of FX in EMEA and Asia. Additionally, Warner brings his experience mainly from Citi in FX bank sales and FX trading. Both Wilkins and Warner have a combined experience of almost seven decades in FX.

The newly added team members will assist in the expansion of Sucden Financial’s client base. They will provide the companies broad array of FX services, including FX spot, forwards, swaps, OTC options, NDOs, NDFs and deliverable FX, together with third-party credit intermediation, direct ECN access, FX clearing and liquidity.

Wayne Roworth, Global Head of FX, commented: “I am delighted to welcome Mike and the team, as we strengthen our salesforce, continue enhancing our FX services and develop our global client base. Sucden Financial is a well-established company and recognised leader within the FX industry, with a superior product offering. I am looking forward to drawing upon the experience of the whole FX team and building upon their success.”