Sucden UK builds commercial FXdesk


LONDON -- Commodity broker Sucden UK hired four FX sales dealers in London in January, with a mandate to build a commercial FX desk targeting small to mid-sized UK corporates.

The new desk, managed by Christian Baker and staffed by Jonathan Delaney, Colin Toye and Adie Bamboye, builds on the firm’s existing interbank FX business, which employs six dealers in London.

Graham Harrison, head of FX and bullion at Sucden UK in London, told FX Week: "We’ve seen a gap in the market for smaller UK cor