Sucden Financial makes several senior level appointments as top talent joins firm

Sucden Financial Limited has today announced new senior management appointments, including two newly created roles which are Managing Director and Group Compliance Officer. Marc Bailey joins as Managing Director, Toby Osborne has been appointed as Finance Director, and Alexander Culley has been promoted to Group Compliance Officer. With over 30 years’ experience in capital markets […]

Sucden Financial Limited has today announced new senior management appointments, including two newly created roles which are Managing Director and Group Compliance Officer. Marc Bailey joins as Managing Director, Toby Osborne has been appointed as Finance Director, and Alexander Culley has been promoted to Group Compliance Officer.

With over 30 years’ experience in capital markets and commodities, Marc Bailey has extensive knowledge and experience of both OTC and exchange traded derivatives.

Toby Osborne_web
Toby Osborne

Mr. Bailey’s past roles include President of Jefferies Bache and prior to that he was Managing Director and Chairman at Bache Commodities Limited. Other tenures include COO and Director of Business Development at Cargill Investor Services, Director of Business Development at the London Stock Exchange, and Executive Director at CIBC. His experience also includes working as a trader on the LIFFE floor and for JP Morgan, as the senior officer responsible for the floor trading team.

Robert James retires after 15 years at Sucden Financial

Toby Osborne takes over from Robert James who retires at the end of October, following 15 years with the company. Toby has extensive knowledge and experience in risk governance and compliance, gained from his previous post as Chief Financial Officer at Czarnikow Group Limited, which he held for seven years and prior to this as Finance Manager and Project Accountant with the firm. Other tenures include roles with Caterpillar Inc, Sterile Theatre Services and Ernst & Young.

Sucden Financial has also promoted Alexander Culley to a new role of Group Compliance Officer. Alex joined Sucden Financial in 2013 and has been the responsible officer for FATCA reporting and is heavily involved in ensuring the firm adheres to the new EMIR regulations concerning derivatives, central counterparties and trade repositories.

Marc Bailey_web
Marc Bailey

His career in compliance began at an equity registration and share dealing business in Ireland before moving to the City of London in 2007, when he joined LME Ring Dealing Member Triland Metals Limited then later Allan Investment Management LLP in 2010, before consulting to various hedge funds.

Michael Overlander, Chief Executive, Sucden Financial Limited today stated

“The appointments mark a new chapter for the firm, positioning the company for its next stage of growth. Marc and Toby will play vital roles in working with me and the other directors at Sucden Financial to manage and further develop our brokerage activities.

“The environment in which we operate will continue to change with greater regulatory obligations. Compliance is a vital part of the business, protecting both our clients and the company, and I am confident that with Alex’s appointment we will continue to ensure we remain fully compliant with all our existing and future regulatory obligations.

“Robert James’ contribution to the company during his time with us has been broad and extensive and we wish him all the best in his retirement.”

Marc Bailey, Managing Director, Sucden Financial Limited said;

“I am delighted to join Sucden Financial. The firm has a strong and established reputation in the commodities and foreign exchange arenas and I am looking forward to drawing on my experience to grow the business further.”

Toby Osborne, Finance Director, Sucden Financial added a comment with regard to his appointment

“I am looking forward to working closely with Michael to ensure that the firm’s business continues to be run in an efficient and compliant fashion, in order to preserve the prudential status of the company and maintain its capital structure for future growth.”

Read this next

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

blockdag

Explore 2024’s Top Cryptocurrencies: BlockDAG Leads With 30,000x ROI Potential, Among Surge Predictions For Bitcoin And Ethereum

Navigating the vast ocean of cryptocurrencies might feel overwhelming for many investors, whether seasoned or newbies.

Tech and Fundamental, Technical Analysis

EURUSD Technical Analysis Report 18 April, 2024

EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).

Digital Assets

Binance ordered to remove Changpeng Zhao to get Dubai license

Binance, the world’s largest cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Dubai.

Crypto Insider

Evolution and current state of global crypto adoption

Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement.

Digital Assets

Binance set to re-enter India with $2 million fine settlement

Binance, the world’s largest cryptocurrency exchange, is preparing to re-enter the Indian market after agreeing to pay a $2 million fine, according to a report by the Economic Times.

<