International derivatives broker Sucden Financial Limited is strengthening its London management with the establishment of a new Multi-Product Execution Team.
The team, which will target hedge funds, banks and real money asset managers, will be in charge of executing financial and commodity futures and options, stock options and stock indices, as well as fixed income and foreign exchange.
Rick Brunton, ex-Senior Vice President of Futures and Options Sales at Jefferies Bache, will be at the helm of the team. He has deep knowledge and vast experience in futures and options sales and execution and fixed income, with his previous positions including ones with Cargill Investor Services, Mitsubishi Trust International, Credit Lyonnais, BZW and Lehman Bros.
Mr Brunton will be working alongside Graham Bevan and Lee Deavall, who also join Sucden from Jefferies Bache.
Graham Bevan served nine years at Bache Commodities and three years at Jefferies Bache within the Options Sales and Execution Team. He has an established client base including hedge funds, banks and real money accounts. Mr Bevan also has vast knowledge of options and is recognized within the options market making community. In the past, he has served at Banca Intesa SPA and Credit Lyonnais Rouse.
Lee Deavall spent three years with Jefferies Bache and 15 years with Bache Commodities. He brings a wealth of experience in executing orders in exchange listed derivatives within the interest rate, equity, FX and commodity markets on behalf of hedge funds, banks and asset managers both electronically and on the floor.
Marc Bailey, Managing Director at Sucden Financial said,
“Having previously worked with Rick, Graham and Lee, I saw an opportunity to use their knowledge and expertise at Sucden Financial to create a new business area providing multi-product execution services for hedge funds, banks and real money asset managers. The team helps further grow and diversify the firm’s offering and strengthens our position in the market.”
Rick Brunton, Head of the Multi Product Execution Team said,
“We are delighted to be working with Marc Bailey again and to join Sucden Financial, which has a strong and established reputation in the market. Utilising the firm’s trusted infrastructure, we will draw on our experience and knowledge of the market, together with our long standing relationships to assist clients in building and executing trading strategies.”
You can view the official announcement from Sucden Financial by clicking here.