Sucden Financial Expands Access to Shanghai Nickel Trading

Sucden Financial announced that clients can now trade nickel futures and options on the Shanghai Futures Exchange, as the market officially opens these contracts to international participants. This development marks a significant step in expanding global access to China’s commodities markets and strengthens cross-border trading opportunities. Moreover, Sucden Financial enables this access through its Overseas Intermediary status, supported by well-established Chinese banking relationships. 

As a result, clients can seamlessly manage their exposure across multiple venues, including the London Metal Exchange and over 20 other international markets, all within a single account. Consequently, traders benefit from improved efficiency, streamlined operations, and broader diversification. In addition, the firm has expanded its offering beyond nickel contracts on SHFE. Clients can also access other major Chinese exchanges, including the Shanghai International Energy Exchange, the Dalian Commodity Exchange, and the Zhengzhou Commodity Exchange. 

Sucden Financial Expands Access to Shanghai Nickel Trading

Therefore, this wider access allows market participants to tap into a diverse range of commodities and energy products within China’s rapidly growing financial ecosystem. Lucy Wainman, Head of Sales (China), emphasized the importance of this milestone, stating, “We are pleased to offer clients the opportunity to trade Shanghai nickel futures and options contracts, further broadening our access to Chinese markets.”

She added, “This milestone reflects the hard work of our team and the long-standing relationships we have built in China,” while also acknowledging the role of regulators by noting, “We would like to thank SHFE and Chinese regulators for their support and constructive engagement.” Meanwhile, Chief Executive Officer Marc Bailey highlighted the strategic significance of the expansion. He said, “Expanding our global exchange coverage to include access to onshore mainland Chinese markets supports our organic growth strategy.” 

Furthermore, he noted, “By adding access to SHFE, we provide clients with an extended global reach through a single account.” He concluded by stressing innovation, stating, “Continued investment in technology underpins our long-term commitment to our clients, enabling them to respond quickly to changing market dynamics and capture emerging opportunities.” Overall, this move reinforces Sucden Financial’s position in global commodities trading while enhancing client access to key Asian markets.

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