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Sucden expands DMA with new Storm system
13 May 2010
Sucden Financial will bring multi-asset trading facilities to its institutional and corporate clients through a new system called Storm, which enables users to have direct market access to a range of cash equity and derivatives exchanges and platforms. The system uses SunGard’s technology.
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Sucden
DMA
Storm
Liffe
It will provide access
to NYSE Liffe, Eurex, ICE Europe and US, Nymex, Comex, CME, CBOT and LME
immediately and will soon connect to the London Stock Exchange and NYSE.
Storm also provides
cross-asset spread trading. It will operate alongside Star, Sucden Financial’s
existing system, which was developed in-house.