Chris Adams returns to Sucden Financial to run LME ring dealing team

London based institutional liquidity provider Sucden Financial Limited has today announced that Chris Adams will re-join the company later next month.

Mr. Adams will assume strategic responsibility for the London Metal Exchange (LME) Ring Dealing Team, which will continue to be managed by Geoff Ison and Danny Messinger.

LME is one of the only venues in the world to retain a ‘ring’ which is operated as an open outcry exchange, albeit an ultra-modern iteration of the traditional model, FinanceFeeds having taken a close look at this last week.

Currently working at Levmet in Monaco, Mr. Adams is returning to London. He will re-join Sucden Financial, where he was instrumental in the growth of its LME floor trading team, after the company became a ring dealing member of the exchange in 1994.

Michael Overlander, CEO at Sucden Financial confirmed the appointment by today making a commercial statement:

“We are delighted to have secured the services of Chris Adams, who undoubtedly has always demonstrated his unique understanding of the workings of the LME and who is one of the market’s most accomplished base metal traders. The appointment underlines our commitment to the future of the exchange and the Ring.”

Ashley Levett, CEO at Levmet offered generous praise to both Sucden Financial and Chris Adams saying, “We are pleased for Chris and respect his decision to return to London for personal reasons. Given his desire I believe this can only be seen as a positive move for him, our good friends at Sucden Financial and the exchange at large”.

Levmet will continue to act as an agent for Sucden Financial following Mr. Adams’ departure.