Sucden Financial sees 29% rise in 2021 Revenues to £69.8 million
Following a disappointing 2020, FCA regulated multi-asset execution, clearing and liquidity provider Sucden Financial has reported a summary of its financial results for 2021, indicating increasing revenues and profits and a strengthening balance sheet.
Key highlights for 2021 at Sucden include:
• Total net assets of £142.6 million, against £125.3 million in 2020.
• Net revenues of £69.8 million, against £53.9 million in 2020.
• Profit before taxation of £18.0 million, against £1.6 million in 2020.
With a history and heritage in commodity futures and options trading, Sucden Financial has evolved and diversified to become a global multi-asset execution, clearing and liquidity provider across FX, fixed income and commodities. Since its foundation in 1973, the company has been supported by its parent, Sucden, one of the world’s leading soft commodity trading groups, while remaining fully independent in its day-to-day trading operations.