Sucden Financial expands its global presence as Ayhan Gurcuoglu joins e-FX desk as regional manager for Turkey

Sucden Financial has broadened its international focus as former Sanko Menkul Degerler FX dealer Ayhan Gurcoglu joins the company as Regional Manager for Turkey. Turkey has become a region of great importance to the retail and institutional sector alike, as the country’s well regulated structure has encouraged a good number of retail brokerages to establish […]

Sucden Financial has broadened its international focus as former Sanko Menkul Degerler FX dealer Ayhan Gurcoglu joins the company as Regional Manager for Turkey.

Turkey has become a region of great importance to the retail and institutional sector alike, as the country’s well regulated structure has encouraged a good number of retail brokerages to establish their operations, therefore Sucden Financial can leverage this with the appointment of Mr. Gurcoglu.

Ayhan joins Sucden

Mr. Gurcoglu spent the last four and a half years at Turkish company Sanko Menkul Degerler, where he began his tenure in January 2011 as a Dealer, before being promoted to Foreign Markets Assistant Manager in October last year.

Prior to that, Mr Gurcoglu was a Futures and Stock Dealer for high net worth clients at Tera Brokers, a post that he assumed after two years as a dealer at Raymond James Financial Inc in Istanbul, Turkey.

Within Sucden Financial’s e-FX department, Mr. Gurcoglu will report directly to the co-heads of the company’s e-FX team Wayne Roworth and Peter Brooks.

Mr. Gurcoglu today commented

“Sucden Financial has a global reputation for excellence and a prestigious client base in Turkey. I am looking forward to servicing our existing relationships in the region and sharing my knowledge about the local markets.”

Speaking with regard to his appointment, Mr. Gurcoglu told FinanceFeeds “I have been brought on at Sucden Financial to specifically support our eFX business in Turkey. Sucden Financial already provides FX, bullion and CFDs to some of the largest and most prestigious brokers in Turkey, so I am thrilled to be able to help support our business in the region going forward.”

“In Turkey, trust and reputation is everything and so when I decided I wanted to relocate to London I spent a long time trying to select the right broker to work for. I am very excited about the prospect of working with Sucden Financial because I felt it had a similar background to my previous employer, Sanko Yatirim Menkul Degerler AS” continued Mr. Gurcoglu.

“The Sanko group is one of the largest and oldest companies in Turkey and so I felt Sucden Financial’s 40 year plus history, excellent reputation and financial strength would be a good fit.”

On Mr. Gurcoglu’s appointment, Sucden Financial’s Head of e-FX Peter Brooks stated

“We are delighted to welcome Ayhan to our team. His experience and local knowledge will be invaluable, helping us to strengthen the support we offer to our Turkish clients. Ayhan has worked with many UK companies whilst based in Turkey and will be a real asset to the team.”

Read this next

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

Digital Assets

Embrace the New Era: USDt on TON Revolutionizes Peer-to-Peer Payments

The integration of USDt, the world’s largest stablecoin by market capitalization, onto The Open Network (TON) marks an advancement in the realm of digital finance.

Education, Inside View

Charting the Course: Expert Analysis on GBP/USD Signal

The GBP/USD is one of the highly regarded currency pairs in the world of Forex trading, known for being liquid, volatile, and having narrow spreads. Traders Union’s analysis combines the latest economic data, market news, and technical indicators, giving all the insights needed to make informed decisions about trading pounds and dollars.

Institutional FX

Iress’ QuantHouse adds BMLL’s historical order book data

“Across the industry, as sophistication levels increase, the demand for superior quality historical market data is intensifying. Market participants need easy access to global, ready-to-use data to improve their own products and strategies, gain a deeper understanding of liquidity dynamics, and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.”

SEO

Binance Australia: Revolutionizing Cryptocurrency Trading Down Under

In 2024, Binance Australia continues to shape the cryptocurrency landscape, offering innovative trading solutions and comprehensive support for Australian traders. This article explores its services, regulatory compliance, and what makes it a top choice for crypto enthusiasts in Australia.

Inside View

European share trading is much higher than believed, says report

“Regulators in the EU and UK need to take the opportunity presented by the imminent establishment of a Consolidated Tape for shares and ETFs to update relevant post-trade transparency rules, so that they capture the full scope of share trading activity in Europe. Without this, Europe risks being left behind.”

Digital Assets

Abra launches prime solutions for digital assets

As an SEC-registered RIA, ACM will now operate as a fiduciary and allow clients to get exposure to the digital asset ecosystem under a separate account structure built on-chain, where clients retain title and ownership over their assets and their assets will be independently verifiable on-chain.

Retail FX

Unusual Whales taps Tastytrade as exclusive options broker

“We’re huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions.”

Industry News

GenAI can help transform OTC derivatives markets, said ISDA whitepaper

The risks of GenAI, however, include data breaches, regulatory issues, bias, as well as sub-standard or simply false results.

<