Saxo Bank UK
Danish Trading Giant Saxo Joins Forces With The UK Platform Rivals
- The retail brokerage becomes the latest member of the year-old Platforms Association as the fintech sector seeks a unified regulatory voice.
- The move comes as Saxo reports a 132% jump in new global clients amid pricing overhaul.
Thursday, 04/09/2025 | 08:01 GMT by
Damian Chmiel
Saxo UK’s Chief Commercial Officer Dan Squires Takes Same Role at ADSS in Abu Dhabi
- Squires initially joined Saxo as Head of Sales before being promoted to Chief Commercial Officer.
- He has more than 30 years of experience in financial services, including positions at Merrill Lynch, Citi, RBC, and Liquidnet.
Wednesday, 30/07/2025 | 16:57 GMT by
Jared Kirui
Saxo Capital Markets UK Profits Fall 32% Despite Client Growth Surge
- Income slumped 32% to £7.6 million in 2024 as the online trading platform cut commission fees to attract customers.
- The company gained 3,600 new trading clients but saw revenues drop £3.5 million due to the pricing strategy and lower market volatility.
Thursday, 24/07/2025 | 06:38 GMT by
Damian Chmiel
Saxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%
- The company has launched a new Flexible ISA after experiencing a six-fold surge in demand for its stocks and shares ISA in early 2025.
- The product allows investors to withdraw and replace funds without affecting their £20,000 annual tax-free allowance.
Wednesday, 16/04/2025 | 09:23 GMT by
Damian Chmiel
Saxo UK Chairman Richard Balarkas Exits After Nearly a Decade
- Balarkas has been with Saxo Capital Markets UK Limited since 2015, bringing experience from Credit Suisse and Instinet Europe.
- His departure followed that of former Saxo UK CEO Charles White-Thomson, who resigned earlier this year.
Tuesday, 11/03/2025 | 14:53 GMT by
Jared Kirui
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