According to a statement made by Saxo Bank, it has now collaborated with Guotai Junan in a strategic partnership that will help the latter further its expansion in the South-East Asian region. The str...
Tag: Saxo
Saxo Bank December 2022 Report
Saxo Bank released its monthly report, which shows the daily average of FX, commodities, Equities, and monthly volume. The list shows a decrease in FX – Daily average and monthly volume compared to th...
Saxo bags Best Boutique Prime Broker for the second year in a row
Saxo ends November 2022 on a high note with an important award to its name at the HFM Asian Services Awards. The Fintech company has been awarded the title of “Best Boutique Prime Broker” in the 2022 ...
FX volume declines for Saxo Bank in october 2022
Saxo Bank has published its monthly figures, with an average daily volume of FX and commodities business at the center. The FX average daily volume witnessed a drop in October in comparison to Septemb...
Saxo Bank’s avg. FX volume sees a monthly gradual fall
The currency market plays hide & seek, especially in October 2022. Saxo Bank reported a lower figure with larger disappointment in its Commodities section. The month-over-Month figure for average ...
Blockchain has the biggest potential since the internet: Saxo Bank founder
While the cryptocurrency prices are calm and investor interests remain low, blockchain’s potential to transform and disrupt industries keeps attracting those eager to build regardless of digital asset...
Saxo Bank’s April FX Trading Volume Plummets by 17%
Denmark-headquartered Saxo Bank has published the trading metrics for April 2021, reporting a significant correction in trading market demand, at least on its platform. The total month trading volume ...
Saxo Markets Names Sean Ma as Head of Saxo Institutional in Hong Kong
To expand its reach, Saxo Capital Markets HK Limited (Saxo Markets) today announced that it has appointed Sean Ma as Head of Saxo Institutional. Based in Hong Kong, Ma will be responsible for the comp...
Nasdaq to Terminate Its Services in Russia, Quotes Saxo Bank
Saxo Bank, established in 1992, has its headquarters established in Denmark. Saxo Bank is an investment bank that facilitates its users to create high-earning investment profiles through online tradin...
Saxo Bank Warns Russians on Upcoming Nasdaq Service Termination
Nasdaq exchange in the United States and the Nordic countries will stop offering services to customers from Russia from April 29, according to a letter sent by Danish brokerage Saxo Bank to its Russia...
Saxo Markets Selects Ken Shih to Lead Digital Wealth Services in Greater China
Saxo Markets, the licensed subsidiary of Saxo Bank, a fintech specialist that connects people to investment opportunities in global capital markets, has appointed Ken Shih the Head of Wealth Managemen...
Saxo Bank to Stop Providing Services to Russian and Belarusian Clients, Report Says
Danish financial firm, Saxo Bank has reportedly notified its Russian and Belarusian clients about the termination of services. According to a report published by RBC, the closure of services will take...
FX Trading Volume Rises for Saxo Bank, as Equity Trading Falls
Reasons for FX could be regular commerce or tourism. Foreign Exchange trading has turned out to be the most liquid and the largest asset market globally. The rule under FX trading is simple. A trader ...
Henrik Andersen Joins Saxo Bank’s Board of Directors
Henrik Andersen, former President & CEO of Hempel A/S has joined Saxo Bank’s board of directors. At a meeting held on 4 April 2022, Saxo Bank’s shareholders welcomed Henrik Andersen as...
Saxo Bank Closes March with 35% Higher FX Trading Volume
Saxo Bank has reported a total monthly trading volume of $460.4 billion for March, which is the highest since April 2020. With the latest numbers, the broker closed the first quarter of 2021 with a si...
Saxo Bank Ensures Platform Compliance in the Face of FSA Warning
Saxo Bank, a broker, based in Denmark, put out a statement on Wednesday stating that its platform is completely compliant with European regulatory standards. It also has safeguards in place for transa...
Saxo Bank Ensures Platform Compliance amid FSA Flagging
Denmark-headquartered broker, Saxo Bank released a statement on Wednesday, highlighting its platform is fully compliant with the European regulatory requirements. Its controls around transaction repor...
Saxo Markets Names Redmond Wong as Market Strategist in Hong Kong
Saxo Capital Markets HK Limited announced on Wednesday the appointment of Redmond Wong as a Market Strategist. With three decades of experience in the financial industry, he will reinforce the broker’...
Saxo’s FX ADV Jumps 7.6% MoM in February, Equities Decline
After a jump in the trading volume in January, Saxo Bank witnessed a flat demand in February 2022. In the latest official trading metrics published by the Danish broker, the total monthly trading volu...
OANDA Taps Saxo Bank Exec Michael Aagaard to Head Its Forex Trading Business
OANDA, a global online multi-asset trading services firm headquartered in the US, has announced the appointment of Michael Aagaard, a longtime Saxo Bank executive, today to head the company’s foreign ...
Saxo Bank Shows Growth in Client Count While Profits Remain Marginal
The annual financial reports for the Denmark-based Saxo Bank came in earlier this week. While the bank scored less exceptionally in terms of profits, the phenomenal growth in client count makes up for...
Saxo Bank Profits Remain Flat in 2021, Client Number Jumps 19%
Saxo Bank Group has published its annual financials for 2021, reporting a marginal increase in profits to DKK 755 million, compared to the previous year’s DKK 750 million. Revenue for the period came ...
Saxo Bank Forex Trading Volume Rises by 21%
As the first month of 2022 passed very quickly, firms were eager to show their performance for the first month. The Denmark-based investment bank, Saxo, has posted some positive statistics for January...
Saxo Bank Sees 21% MoM Jump in January Trading Volumes
Saxo Bank has released its trading metrics for January 2022, reporting a solid monthly and yearly jump in demand. The total monthly volume on the platform in the month came in at $438 billion, with a ...
Saxo Markets UK Names Peter Morris as New COO
Saxo Bank, one of the fastest-growing multi-asset trading services providers, announced that Peter Morris, the former Managing Director Global Brokerage Operations at BGC Partners, has joined its subs...
Saxo Markets UK Add Nicholas Wilcock and Michael Ridley to Its UK Board
Saxo Markets UK announced that it has expanded its UK Board by adding Nicholas Wilcock and Michael Ridley as Non-Executive Directors, effective immediately. Recently announced in a press release, Nich...
Saxo Sees Dip In December FX Demand, Equities Soar 49%
The trading numbers for Equities and Foreign Exchange are out. Saxo Bank has published them, enabling everyone to access data at their convenience. It does not look good for Foreign Exchange. A downwa...
Saxo Sees Dip in December FX Demand, Equities Soars 49%
Saxo Bank has released the trading numbers for December, showing a massive monthly surge in the demand for its equities offering, but a decline in the foreign exchange (forex) trading volume. Consider...