Sucden (UK) Limited, one of the UK's leading commodity and
financial futures and options brokers, today announced it has
successfully started trading for its clients on all available
contracts on NYBOT's electronic platform.
New York Board of Trade (NYBOT) today introduced side-by-side
trading of NYBOT's benchmark agricultural commodities on ICE's
electronic trading platform, from 07:00 a.m. ET through 15:15 ET
(12:00 - 20:15 UK time).
Sucden was fully prepared and now offers full access to the new
hours of trading on NYBOT for all of the available contracts,
facilitated by STAR, Sucden's in-house trading platform. Sucden
successfully traded their first order just after 12:00 (UK time),
within seconds of the market opening.
Commenting on the new the trading hours, Michael Overlander, Chief
Executive, Sucden UK said, "Sucden is at the forefront of commodities
trading and our ability to facilitate these new hours and systems at
short notice, is a credit to our people and systems." (Ends)
Notes to Editors
1. Sucden (UK) Limited has been operating for more than 30 years
as one of the UK's leading Commodity and Financial Futures and Options
brokers and is a member of many of the world's major exchanges.
2. Sucden (UK) Limited's parent is Sucres et Denrees SA, a company
incorporated in France. The Sucden Group has operations throughout the
world.
3. Sucden (UK) Limited is authorised and regulated by The
Financial Services Authority
4. Electronic trading on NYBOT is now available on the following
physical contracts:
a. Sugar No. 11sm (SB)
b. Sugar No. 14sm (SE)
c. Coffee "C"(R) (KC)
d. Cocoa (CC)
e. Cotton No. 2sm (CT)
f. Frozen Concentrated Orange Juice (FCOJ).
