Sucden Financial opts for Brady

Sucden Financial, a London-based commodities, futures and options broker, has selected Brady's trading and risk management product for base-metal options pricing. Sucden, a London Metal Exchange (LME) Category 1 member, will implement Brady's option-pricing module allowing its clients to enter into transactions guaranteed by the London Clearing House (LCH). According to Brady, the contract will let Sucden price all exchange-traded derivatives including LME TAPOs (traded average price options)

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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