Saxo Capital Markets UK didn’t take a lot of time to find its new CEO. The company has just announced that it is appointing the former chief executive of ETX Capital, Andrew Edwards, into the leadership position.
Edwards will take on the role from January 2018. With vast experience in the industry, he is succeeding Mateo Cassina who parted ways with the group as exclusively reported by Finance Magnates a couple of weeks ago.
Andrew Edwards joins Saxo Capital Markets after spending about eighteen years in the industry. The last dozen of those was spent at ETX Capital, where he was instrumental in the development of the company into one of the leading market players in the UK.
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With the appointment, the UK subsidiary of Saxo Bank A/S is aiming to continue building new partnerships and collaborations, all the while remaining committed to delivering multi-asset trading capabilities to its private clients.
Commenting on the news, the Non-Executive Chairman of Saxo Capital Markets UK, Anthony Belchambers, said: “We are delighted to welcome Andrew Edwards in his new role as CEO of Saxo Capital Markets. He has a deep understanding of the UK market and the proven ability to enhance our service offering to institutions, private traders and investors.”
“With regulatory requirements for major asset classes converging, Saxo is strongly supportive of the regulatory priority to set higher standards in the industry and for the better protection of clients. Saxo is deeply committed to prioritizing customer interests and the appointment of Andrew Edwards reflects our commitment to that objective and to the UK market,” Belchambers explained.
Yesterday Saxo Bank announced that it is committing to deliver quant analytics to its clients. An industry first, retail clients that are using the company’s services will get access to devising a more quantitative approach to the markets.