Saxo Markets Broadens APAC Market Strategist Team, Hires Charu Chanana

Saxo Markets has broadened its Asia-Pacific team by hiring Charu Chanana as a Market Strategist, based in Singapore. She has joined a three-strong market strategist team of the broker in the region, which include Jessica Amir in Sydney and Redmond Wong in Hong Kong.

Chanana will report directly to Steen Jakobsen, Saxo Group’s Chief Economist and Chief Investment Officer.

Her focus in the role will be on delivering thematic-based investment strategies. She will serve global clients who are looking for investments in macro themes, forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, commodities and equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term in markets like Southeast Asia, Japan, India and the US.

“As Saxo serves a growing client base that both does active trading as well as longer-term investing, it is an honour to be given this responsibility to enhance their experience at Saxo,” Chanana said in a statement.

In addition, the hiring of the economists was fueled by Saxo’s increasing client demand for market analysis.

As Jakobsen pointed out: “We have seen an increase in demand for timely and relevant market analysis from our growing pool of clients in the Asia Pacific.”

An Experienced Economist

She is an experienced professional and brings ten years of industry experience to her new role. She worked with Continuum Economics for almost seven years as a Lead Economist for Asia before joining Saxo.

She started her career with Evalueserve as a Research Lead and then moved to CRISIL Global Research & Analytics, where she was a Lead Analyst. Both of those positions were based in India.

“As we welcome more clients to Saxo in the region, we can now provide them with more timely, relevant and actionable market insights and macro trading ideas with a regional flavour and local lens, in addition to the great insights from our global SaxoStrats team, including asset class champions such as Ole Hansen in commodities, John Hardy in FX and Peter Garnry in equities,” said the CEO of APAC at Saxo Markets, Adam Reynolds.