Saxo Bank to open up in Turkey (may have acquired a local broker)
Saxo Bank is again in offices opening frenzy. After opening an office in Cyprus (through forextrading.com its independent subsidiary), opening
Saxo Bank is again in offices opening frenzy. After opening an office in Cyprus (through forextrading.com its independent subsidiary), opening in Australia and opening in South Africa, Saxo Bank marks Turkey as the next key location on its expansion agenda.
Saxo Bank was rumored to have acquired a local broker/license and will soon announce opening a new office there. Lars Seier Christensen, Saxo Bank’s co-founder and co-CEO, is in Istanbul today and should announce the opening of the local branch.
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That would be a great move, having in mind that the Turkish market is in a booming stage. By the way, not only Forex but also overall internet usage is rising quite fast.
Saxo bank is on the move. I like their ForexTrading.com niche site. I’m curious if they’re offering anything unique for money managers yet?
Saxobank has already had a presence with two regulated brokers prior to the new regulations by CMB.