Sucden Financial Hamburg to commence trading as Category 4 member of LME on Jan 2, 2025
Sucden Financial Hamburg GmbH will commence trading with effect from January 2, 2025 as a Category 4 member of The London Metal Exchange (LME).
Sucden Financial Hamburg GmbH has appointed Sucden Financial Limited (SFL) as its administrative clearer for the purposes of matching and registering trades in LMEsmart.
CATEGORY 4 members are not clearing members and must appoint a designated clearing member to clear trades on their behalf. These members are permitted to trade client contracts in the telephone market and on LMEselect and are permitted to issue client contracts.