Saxo Capital Markets Strengthens Board With New Appointments

Saxo Capital Markets has made a series of appointments to its board, naming two new individuals as non-executive directors, following the prior appointment of Anthony Belchambers earlier this year.

Back in July, Finance Magnates reported that Anthony Belchambers had been named as Saxo Bank’s newest Non-Executive Chairman of the Board. Mr. Belchambers has served as a non-executive director at Saxo Capital Markets Limited (SCML) since September 2014 – in his new role he has since helped steer the business through a number of institutional initiatives.

More recently however, Richard Balarkas and David Gelber have both joined SCML’s board as non-executive directors. Mr. Balarkas joins the board with over three decades of experience across financial markets including recent senior roles at Credit Suisse and Instinet Europe. Meanwhile, Mr. Gelber has been a mainstay at ICAP plc and HSBC Global Markets, having himself garnered a lengthy career in the financial services industry.

According to Matteo Cassina, CEO, Saxo Capital Markets, in a recent statement on the appointments: “We are thrilled to continue to work with Anthony in this new capacity and to welcome Richard and David to the board. Their combined capabilities will be invaluable as we continue to diversify our business and revenues in an environment in which regulatory compliance is a core focus for us. Our new board reflects the significant transformation of Saxo Bank’s business in the UK. Our ambition is to further build out our Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term trading capabilities with London as a major hub for our institutional offering and facilitate partnerships and collaborations that make trading and investment opportunities accessible and efficient.”

“With regulatory requirements for major asset classes converging, Saxo is ideally placed to offer unrivalled trading capabilities, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and post-trade solutions to meet the multi-asset trading needs of institutions and their clients,” he added.