FOi - Futures and Options Intelligence


RJO to use Sucden Financial for LME trades 04 Feb 2010

RJ O’Brien (RJO) and Sucden Financial have agreed a “strategic partnership” which will mean that the Chicago-based derivatives broker will route all European metals business through the London-based firm.

Under the terms of the agreement, RJO will engage Sucden Financial to execute its metal trading business on the London Metal Exchange where the US futures broker does not have a membership.

Sucden Financial, which...