Sucden Financial builds up Gold service
Sucden Financial is introducing a new specialist spot gold feed to facilitate institutional clients that are looking to trade or hedge large sizes.
Jonathan Brewer, head of e-FX business development at the broker in London, said initially the company expanded its gold liquidity to meet the specific needs of one of its clients.
"We have now added this to our portfolio and are able to offer spot bullion in large ticket sizes within our electronic FX business. It will be of particular interest in the Far East, where precious metals are popular," he added.
Users are able to gain access to up to 25,000 ounces or 250 lots of spot gold.
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