Sucden has launched managed discretionary option accounts for private clients.

UK-based commodity and financial futures and options broker Sucden has launched managed discretionary option accounts for private clients. The new “Equity Choice” accounts use FTSE equity options to generate regular short-term gains on stocks whilst capitalising on related price movements. Clients have the choice of four risk profiles and the maximum potential loss on the account is limited so there are no margin calls. Mark Greenaway, head of private client services at Sucden said: “The new Equity Choice accounts are aimed at clients who have identified the benefits of options trading, but do not have the time to track the markets themselves. The accounts also address the needs of clients who want exposure to the potential of enhanced returns through the options market, but want to know their risk at all times.”