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Saxo
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Saxo
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Brokers
FX Demand on Saxo Bank Drops in February: Lowest in 2 Years
The forex volume for the month fell 15.4 percent month-over-month.
While the forex daily average dropped, the figure remained the same or increased for other asset classes.
Tuesday, 05/03/2024 | 09:14 GMT
by
Arnab Shome
Retail FX
Breaking: Saxo Bank’s 2023 Profit Dips 8.1% despite Revenue Rise
The broker closed the year with an operating income of DKK 4.48 billion.
It ended the year with 1.15 million traders.
Friday, 01/03/2024 | 07:26 GMT
by
Arnab Shome
Executives
Saxo Markets UK Faces Leadership Transition as CEO Charles White-Thomson Resigns
The resignation includes White-Thomson's departure from Saxo Capital Markets UK Ltd's Board of Directors.
White-Thomson has served as the CEO of Saxo Markets UK Since 2020.
Monday, 05/02/2024 | 16:10 GMT
by
Jared Kirui
Retail FX
Saxo Bank's January 2024 Forex Volume Dips to 5-Month Low
However, the overall client activity hits a new high with $375.5 billion.
Equity trading at Saxo surges to $219.78 billion, a significant increase from December.
Monday, 05/02/2024 | 08:54 GMT
by
Damian Chmiel
Retail FX
Saxo Partners with FairXchange for Liquidity Management with Data Analytics
FairXchange equips Saxo Bank with Horizon for enhanced liquidity management.
Since 1998, Saxo Bank has been offering professional tools and global market access to investors.
Tuesday, 16/01/2024 | 09:33 GMT
by
Tareq Sikder
Retail FX
Saxo Reveals Fee Cuts to Foster Accessibility in US and Australian Markets
The firm slashes brokerage fees, with a reduction of 87% for US markets and 62% for the ASX.
Global market traders will benefit from a two-thirds reduction in currency conversion fees.
Monday, 15/01/2024 | 09:49 GMT
by
Tareq Sikder
Retail FX
FX Volume on Saxo Pushes December’s Overall Figure Higher
Forex trading demand jumped 13.6 percent last month.
Demand for other asset classes offered by Saxo declined.
Thursday, 04/01/2024 | 07:25 GMT
by
Arnab Shome
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Retail FX
Options to Funds: Saxo Unveils New Investment Spectrum for UK Retail Traders
The firm offers a selection of over 6,000 global funds from Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P. Morgan, and Vanguard.
With this feature, clients can consolidate their investment portfolio, incorporating ISAs and SIPPs.
Monday, 27/11/2023 | 10:55 GMT
by
Tareq Sikder
Retail FX
Trading Volume on Saxo Dips in September, FX Follows Trend
The FX trading volume on the platform came in at $106.1 billion.
Despite the overall drop, the average daily volume improved.
Tuesday, 24/10/2023 | 08:07 GMT
by
Arnab Shome
Retail FX
Summer Lull Hits Saxo: FX Volume in August Remains Flat
Saxo handled $112.3 billion in FX trading last month.
Demand for equities trading jumped 33 percent.
Wednesday, 06/09/2023 | 06:56 GMT
by
Arnab Shome
Retail FX
Saxo Becomes a ‘Systematically Important’ Danish Bank
It is the ninth such Danish institution to gain the status.
It comes with stringent capital requirements.
Monday, 26/06/2023 | 09:22 GMT
by
Arnab Shome
Retail FX
Saxo Amends CFDs Target Market Determination amid ASIC’s Stop Order
The regulator issued eight stop orders against Saxo’s offerings.
The orders were revoked in two days.
Thursday, 18/05/2023 | 07:03 GMT
by
Arnab Shome
Retail FX
Saxo Enhances Australia Offerings with Managed Portfolio Launch
BlackRock, Morningstar, Nasdaq, and others manage SaxoSelect portfolios.
These portfolios have a minimum investment requirement of US$10,000.
Tuesday, 28/03/2023 | 10:44 GMT
by
Arnab Shome
Brokers
Saxo Bank’s February FX Volume Sinks despite a Stronger ADV
The platform ended the month with a 3.8 percent jump in FX ADV.
Overall demand for commodities and fixed-income instruments increased marginally.
Monday, 06/03/2023 | 06:09 GMT
by
Arnab Shome
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Brokers
Saxo Bank Posts 5% Dip in January FX Trading Volume
The overall trading volume tanked compared to December.
Demand for equities came down by 14 percent month-over-month.
Friday, 10/02/2023 | 08:09 GMT
by
Arnab Shome
Retail FX
Saxo Bank Posts 12% Decline in December FX Demand
However, demand for FX instruments jumped by 26.7 percent year-over-year.
Overall trading demand on the platform also dipped by 9.3 percent.
Wednesday, 04/01/2023 | 10:50 GMT
by
Arnab Shome
Executive Moves
Saxo Bank Names Mads Dorf Petersen as Permanent CFO
He took up the role at an interim level in October.
He has been working at Saxo for about 14 years.
Thursday, 22/12/2022 | 08:56 GMT
by
Arnab Shome
Brokers
FX Trading Demand on Saxo Bank Rises by 7.8% in November
Overall trading activities on the platform surged.
However, demand for commodities and fixed-income instruments plummeted.
Tuesday, 06/12/2022 | 07:15 GMT
by
Arnab Shome
Executive Moves
Saxo UK Onboards Simon Camilleri as New COO
He previously worked at Bank of America Securities for 17 years.
The UK company has made several other appointments recently.
Friday, 11/11/2022 | 11:22 GMT
by
Arnab Shome
Brokers
Saxo Bank Sees 13% MoM Decline in October’s FX Volume
The figure strengthened by 13.1 percent year-over-year.
Overall trading volume on the platform came in at $432.2 billion.
Thursday, 03/11/2022 | 07:49 GMT
by
Arnab Shome
Brokers
Saxo Bank Sees Recovery in FX Demand, June Trading Volume Jumps 44% YoY
FX trading volume increased month-over-month, while overall trading slumped.
FX ADV in June came in at $6.9 billion.
Wednesday, 06/07/2022 | 06:34 GMT
by
Arnab Shome
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Institutional FX
After April's Dip, Saxo Bank’s FX Volume Climbs 19% to $149.6bn in May
The total FX trading volume plunged by -17% in April.
Saxo Bank's FX volume has risen by 38% from January's output.
Monday, 06/06/2022 | 18:43 GMT
by
Solomon Oladipupo
Brokers
MENA Region and Dubai Again on the CFD Radar
New brokers are entering Dubai.
Traders from MENA with bigger deposits.
Thursday, 02/06/2022 | 12:29 GMT
by
Sylwester Majewski
Executive Moves
Joanna Moberly Joins Saxo Markets UK as New Head of Legal
Moberly has extensive experience in financial services law.
She previously worked with Lloyds and Barclays.
Monday, 30/05/2022 | 12:01 GMT
by
Bilal Jafar
Brokers
Saxo Bank’s April FX Trading Volume Plummets by 17%
FX instruments’ demand remained flat year-over-year.
Overall trading activities also went down by 25.5 percent from March.
Wednesday, 04/05/2022 | 11:23 GMT
by
Arnab Shome
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