Sucden Financial has onboarded a key industry veteran in the Asia Pacific region. The company hired Phil Kim as Head of its eFX Asia division in Hong Kong. He has a raft of experience in the industry with over 12 years in various roles at leading brokerages.
Phil Kim is going to lead the team in Asia after holding the Head of Institutional Sales role at LMAX Exchange for almost three years. He was also Vice President at FXCM Pro and Fastmatch between 2005 and 2015.
Sucden’s Business in Hong Kong
Sucden Financial has established its operations in Hong Kong in 2008. The company significantly expanded its operations in 2012 when it moved to a . The regional hub has been an important base of operations for many brokers in the foreign exchange industry. The regional of Sucden Financial has been focused on expanding the firm’s presence in the institutional market.
Back in March last year the company , to provide clients with low-latency connectivity to execute derivative trades between London and Hong Kong. The firms have been operating closely to deliver an adequate service to clients in the region.
Hong Kong is currently the third largest FX center in Asia, closely following Singapore and Tokyo. The regional hub is crucial to getting more market share in China, which has become one of the most lucrative markets for the industry. The company also obtained an in 2013.
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