Michael Davies becomes Head of eFX Sales at Sucden Financial

Among senior industry figures within the institutional FX and prime brokerage sector, some highly talented and very experienced professional stand out. One such executive is Michael Davies, who today has been promoted to Head of eFX Sales for the EMEA region at Sucden Financial in London. Mr. Davies joined Sucden over 10 years ago as […]

Michael Davies

Among senior industry figures within the institutional FX and prime brokerage sector, some highly talented and very experienced professional stand out.

One such executive is Michael Davies, who today has been promoted to Head of eFX Sales for the EMEA region at Sucden Financial in London.

Mr. Davies joined Sucden over 10 years ago as an analyst, and moved into the company’s eFX division in 2011.

michael-davies_001
Michael Davies

As the eFX division of the company has evolved, Mr. Davies has been instrumental in not only assembling the team which maintains a reputation as a pinnacle among London’s giants, and has also grown a global client base of retail brokerages which include some very long established and well recognized firms.

Indeed, Mr. Davies is a reference point for this particular sector of the industry, his extensive knowledge standing him in good stead for this leadership position.

Making a commercial statement on Mr. Davies’ appointment, Michael Overlander, Chief Executive of Sucden Financial stated

“Michael has been instrumental in establishing and growing our e-FX team and his promotion is very much deserved.”

Mr. Davies said of his elevation to Head of eFX Sales EMEA

“Sucden Financial has a great eFX offering, with a 100% STP model, established bank relationships, a strong balance sheet, and over 40 years of experience in the financial markets. We are in a strong position for continued growth and, as part of my new role I plan to continue our focus on emerging markets as well as key territories such as London, where it appears there is a surge in new brokerages establishing themselves.”

FinanceFeeds wishes Mr. Davies great success in leading the eFX division of Sucden Financial.

Read this next

Digital Assets

Silvergate dismisses speculation of trouble, says BlockFi exposure is minimal

Crypto-friendly bank Silvergate Capital claimed on a Tuesday blog post that it had minimal exposure to crypto lender BlockFi, which filed for chapter 11 bankruptcy protection this week.

Retail FX

Fidelity launches crypto trading for retail investors

Fidelity Investments, one of the largest brokerages in the world, has officially rolled out a commission-free crypto trading product for retail investors, starting with zero-fee trading for Bitcoin and Ethereum.

Digital Assets

ECB head calls for tougher crypto regulation after FTX collapse

President of the European Central Bank, Christine Lagarde, has called on lawmakers to start working on fresh crypto regulations to protect the financial system after the collapse of the FTX exchange.

Retail FX

CySEC updates rules for regulated brokers’ cross border activity

As CySEC’s attitude of adopting more stringent licensing guidelines and operating regulations becomes ever clearer, certain aspects of the rules and operations start to come into sharper focus.

Market News

Outlook for Gold: Can the Precious Metal Regain Power?

Gold set an all-time high at $2070 on March 08, 2022, when the price skyrocketed amid investors’ worries about the military conflict in Eastern Europe.

Crypto Insider

2022 Islamic Finance recap: as the space continues to evolve, blockchain stands to play a big part

Despite the global economy being ravaged by turmoil induced by the Covid-19 pandemic over the last couple of years, the Islamic finance industry has emerged relatively unscathed

Crypto Insider

Decentralized Exchanges and Pooled Trading Platform Applications

Decentralized exchanges are one-way blockchain companies take back the power of value creation.

Crypto Insider

How to maximize the safety of your digital tokens?

Digitalization is the future of the investment world. These are the most preferred and growing investments in the world.

Institutional FX, Interviews

FIA EXPO 2022: Interview with Trading Technologies

The derivatives trading industry has gathered in Chicago to attend the FIA EXPO 2022 on 14-15 November. 

<