FNG has learned that broker StoneX (NASDAQ:SNEX) has hired a small London based institutional FX sales team from rival Sucden Financial.

Joining StoneX from Sucden are Mike Wilkins, with the title of Managing Director FX Sales, and Ben Kleimunt (pictured above), Director FX Sales.

Mike Wilkins had been with Sucden since 2021, serving as Global Head of FX Sales. His move to StoneX marks a return for Mike Wilkins, who was Head of FX for StoneX from 2013-2021.

Ben Kleimunt spent three years at Sucden as Senior eFX and Precious Metals Sales Trader. He was previously Vice President – Multi-Asset Platform Sales (eFX) at Goldman Sachs (2016-2023).

Moving with Mike and Ben from Sucden to StoneX is Sophie Livett, an FX sales executive, who had been with Sucden since 2017.