Saxo Bank Targets Global Institutional Buildup With Launch of Saxo Markets
- Saxo Bank has looked beyond its traditional areas of operation in a bid to expand its institutional business worldwide.
Danish broker, Saxo Bank has expanded its institutional offering, culminating in the launch of Saxo Markets, the firm’s sovereign business platform aimed at growing its global institutional client base, according to a Saxo Bank statement.
Currently, Saxo Bank’s institutional business encompasses a broad latitude, including trading, prime brokerage, 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 services, as well as a well-established white label trading solutions business. Saxo Markets’ launch has coincided with a number of other initiatives by the multi-asset broker, this time targeting development beyond its institutional hubs, such as London, Denmark, and Singapore.
According to Jennifer Hansen, the company's Head of Institutional Business, in a recent statement on the launch: “With the launch of Saxo Markets we are re-affirming our commitment to servicing the needs of the institutional marketplace. With regulatory convergence bringing more similarities to how asset classes are traded, we are seeing growing demand from a range of clients looking to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term our trading and liquidity solutions, allowing them to focus on their core businesses.”
The launch of Saxo Markets follows on the heels of several senior level appointments across its global business, many of which during August 2015. These have included Savaş Divanlıoğlu as its Head of Saxo Capital Markets Turkey, Philip Wegloop to the newly created role of Chief Experience Officer (CXO), and Søren Kyhl as its Chief Operating Officer (COO) and member of the Management Board.
Danish broker, Saxo Bank has expanded its institutional offering, culminating in the launch of Saxo Markets, the firm’s sovereign business platform aimed at growing its global institutional client base, according to a Saxo Bank statement.
Currently, Saxo Bank’s institutional business encompasses a broad latitude, including trading, prime brokerage, 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 services, as well as a well-established white label trading solutions business. Saxo Markets’ launch has coincided with a number of other initiatives by the multi-asset broker, this time targeting development beyond its institutional hubs, such as London, Denmark, and Singapore.
According to Jennifer Hansen, the company's Head of Institutional Business, in a recent statement on the launch: “With the launch of Saxo Markets we are re-affirming our commitment to servicing the needs of the institutional marketplace. With regulatory convergence bringing more similarities to how asset classes are traded, we are seeing growing demand from a range of clients looking to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term our trading and liquidity solutions, allowing them to focus on their core businesses.”
The launch of Saxo Markets follows on the heels of several senior level appointments across its global business, many of which during August 2015. These have included Savaş Divanlıoğlu as its Head of Saxo Capital Markets Turkey, Philip Wegloop to the newly created role of Chief Experience Officer (CXO), and Søren Kyhl as its Chief Operating Officer (COO) and member of the Management Board.