Sucden Financial Opens Access to Shanghai Nickel Futures | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Sucden Financial said last week that clients can now trade nickel futures and options on the Shanghai Futures Exchange following the opening of the contract to international participants.
The multi-asset broker is providing access through its Overseas Intermediary status and established Chinese banking relationships.
The launch allows clients to manage exposure across SHFE, the London Metal Exchange, and more than 20 other global commodity markets through a single account.
In addition to the SHFE nickel contracts, Sucden Financial’s clients can access the Shanghai International Energy Exchange, the Dalian Commodity Exchange, and the Zhengzhou Commodity Exchange.
Lucy Wainman, Head of Sales (China) at Sucden Financial, commented: “This milestone reflects the hard work of our team and the long-standing relationships we have built in China. We would like to thank SHFE and Chinese regulators for their support and constructive engagement.”
Marc Bailey, Chief Executive of Sucden Financial, said: “Expanding our global exchange coverage to include access to onshore mainland Chinese markets supports our organic growth strategy.”
He added that continued investment in technology underpinned the firm’s long-term commitment to clients, enabling them to respond quickly to changing market dynamics and capture emerging opportunities.
The announcement follows regulatory approval from China’s securities regulator and mirrors a simultaneous move by StoneX to offer clients day-one access to the same newly internationalised SHFE nickel contracts.
