Sucden Financial has announced the opening of a new European office, Sucden Financial Hamburg GmbH, to meet the growing demand for its services. The new subsidiary, licensed by Germany’s Federal Financial Supervisory Authority (BaFin), is also a Category 4 Member of the London Metal Exchange (LME).

The Hamburg office is led by Christoph Domisch and Barry Gershon, alongside Christoph Chopin as an LME Metals Broker. This expansion will enhance Sucden Financial’s strong presence in the industrial metals sector, initially offering clients in Germany and across the European Union access to LME contracts.

Looking ahead, Sucden Financial Hamburg plans to expand its offerings to include additional commodity derivatives and foreign exchange markets, catering to the evolving needs of its European client base.

Sucden Financial Expands into Europe with New Hamburg Office

Marc Bailey, Chief Executive Officer of Sucden Financial Limited, commented, “We are thrilled to have opened our new office in Germany, aligning with our strategic goal to expand globally and be licensed by BaFin. This office will serve as a crucial base for further growth into other European markets, showcasing our commitment to developing future-focused, client-driven services.”

Bailey emphasized the importance of investing both financial and human capital in this initiative, highlighting the opportunities it presents to respond to dynamic market conditions. He also expressed gratitude for the support from BaFin and other stakeholders in enabling this expansion into a respected international market.

Christoph Domisch, Co-Managing Director of Sucden Financial Hamburg, noted that Germany’s position as a leading industrial economy with high metals demand makes it an ideal location for the new office. He added, “We are excited to deepen our relationships with key metals users, producers, and recyclers across Europe.”

Barry Gershon, Co-Managing Director, further stressed the significance of the move, calling it a milestone that strengthens Sucden Financial’s commitment to the LME and supports its growing client base in an increasingly complex global market.

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