FNG Exclusive… FNG has learned that Sucden Financial’s longtime Head of eFX, Peter Brooks, has left the company and joined rival London based broker ADM Investor Services.

This marks the second senior executive departure from Sucden’s FX related business in the past week – FNG also exclusively reported recently that Sucden’s Head of e-FX Sales in the APAC region, Phil Kim, had left to join Prime-of-Prime brokerage iS Prime.

Peter Brooks joins ADM Investor Services as its new Head of eFX. He had been with institutional broker Sucden Financial for 14 years, joining in 2009 as Head of Institutional Equities before being named Head of eFX Coverage in 2010, and then Head of eFX at Sucden in 2014.

ADM Investor Services International Limited (ADMISI) provides futures industry clearing and brokerage services into all major investment markets. Headquartered in London, ADMISI is a registered Futures Commission Merchant supported by a network of sister companies around the globe. ADMISI facilitates over 180 million derivatives contracts a year on behalf of banks, institutional investors, corporates, trade clients, and high net worth individuals. The company is a unit of US based multinational food processing and commodities trading company Archer-Daniels-Midland Co (NYSE:ADM).