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Brokers
Saxo Bank’s April FX Trading Volume Plummets by 17%
FX instruments’ demand remained flat year-over-year.
Overall trading activities also went down by 25.5 percent from March.
Wednesday, 04/05/2022 | 11:23 GMT
by
Arnab Shome
Executive Moves
Saxo Markets Names Sean Ma as Head of Saxo Institutional in Hong Kong
The company aims to enhance its institutional offering across the Greater China region.
Saxo Institutional covers wholesale client (B2B2C) as well as direct B2B client businesses.
Wednesday, 04/05/2022 | 10:02 GMT
by
Bilal Jafar
Brokers
Saxo Bank Warns Russians on Upcoming Nasdaq Service Termination
The exchange will possibly terminate all its services in the country from April 29.
However, Nasdaq did not officially announce its suspension of Russian services.
Monday, 25/04/2022 | 06:14 GMT
by
Arnab Shome
FinTech
Saxo Markets Selects Ken Shih to Lead Digital Wealth Services in Greater China
Shih brings 18 years of industry experience to the new role.
He previously held senior positions at HSBC, JPMorgan Chase, others.
Tuesday, 19/04/2022 | 13:32 GMT
by
Solomon Oladipupo
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Brokers
Saxo Bank to Stop Providing Services to Russian and Belarusian Clients, Report Says
Amid sanctions, the financial services provider is planning to close brokerage accounts.
Existing clients must close all their positions and withdraw money within two months.
Saturday, 09/04/2022 | 10:48 GMT
by
Bilal Jafar
Executives
Henrik Andersen Joins Saxo Bank as a New Member of the Board of Directors
Henrik Andersen was elected by Saxo Bank's shareholders.
Saxo Bank added renewable energy basket, the third best performing basket year-to-date.
Tuesday, 05/04/2022 | 14:28 GMT
by
Matti Williamson
Brokers
Saxo Bank Closes March with 35% Higher FX Trading Volume
The overall trading demand on the platform jumped significantly.
However, equities demand slowed down.
Tuesday, 05/04/2022 | 09:48 GMT
by
Arnab Shome
Brokers
Saxo Bank Ensures Platform Compliance amid FSA Flagging
The regulator acknowledged that the broker implemented all the necessary controls.
“This is a matter we take very seriously,” said Saxo’s Chief Risk and Compliance Officer.
Wednesday, 30/03/2022 | 10:43 GMT
by
Arnab Shome
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Brokers
Saxo Bank Profits Remain Flat in 2021, Client Number Jumps 19%
The bank onboarded 263,000 new clients in the year.
The revenue for the year came in at 4.6 percent higher.
Thursday, 24/02/2022 | 07:55 GMT
by
Arnab Shome
Retail FX
Saxo Bank Issues Warning about Ruble Volatility
Russian assets are adversely affected by geopolitical concerns.
Saxo Bank may suspend transactions or introduce restrictions in such instruments.
Thursday, 24/02/2022 | 06:55 GMT
by
Nicholas Otieno
Executive Moves
TheTradingPit Has Selected Petros Kalaitzis as Its New Global COO
Kalaitzis brings around 11 years of experience from the financial industry to the role.
His skills include market analysis, client relations, client experience.
Wednesday, 02/02/2022 | 12:01 GMT
by
Tom Hazan
Brokers
Saxo Sees Dip in December FX Demand, Equities Soars 49%
FX demand for the month turned out to be the lowest in 2021.
Equities trading jumped by 153.8 percent year-over-year.
Wednesday, 05/01/2022 | 11:15 GMT
by
Arnab Shome
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Executive Moves
OANDA Promotes Lucian Lauerman as Head of Digital Assets
Lauerman joined OANDA in late 2019 and was previously the Head of Data Services.
Monday, 13/12/2021 | 07:16 GMT
by
Arnab Shome
Brokers
Saxo Bank Sees 12.2% Dip in November FX Volumes
Trading demand declined across all asset classes offered by the Danish broker.
Monday, 06/12/2021 | 10:25 GMT
by
Arnab Shome
Brokers
London Summit 2021 Recognizes Industry’s Finest
After weeks of voting for leading companies by industry peers, prestigious honors were bestowed to the best performing venues.
Thursday, 18/11/2021 | 14:00 GMT
by
Jeff Patterson
Executive Moves
Saxo Bank Onboards Claudius Sutter to Its Board of Directors
Sutter brings a wealth of experience of close to forty years working in the finance industry.
Thursday, 18/11/2021 | 11:09 GMT
by
Tom Hazan
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Brokers
Saxo Bank Provides Trading Infrastructure to HSBC Customers in Singapore
The integration into the banking system will be made using Saxo’s OpenAPI.
Friday, 12/11/2021 | 10:51 GMT
by
Arnab Shome
Retail FX
Saxo Posts a Jump in October’s Equities Volume
The recent Equities monthly volume came in at $173.4 billion.
Thursday, 04/11/2021 | 12:19 GMT
by
Bilal Jafar
Brokers
Saxo Banks Expands Crypto Offering amid High Demand
Turnover from crypto trading came in at $2.5 billion in merely six months.
Tuesday, 26/10/2021 | 11:00 GMT
by
Arnab Shome
Brokers
Saxo Bank Reduces Minimum Deposit Threshold to Access MT4 Offering
The company said that users could have prime brokerage access to feeds from tier 1 banks and non-banks.
Thursday, 21/10/2021 | 21:50 GMT
by
Felipe Erazo
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Executive Moves
Saxo Bank Promotes Lasse Lilholt to Global Head of Communications
The new Head of Global Communications worked as the lead of the PR department in the Nordic region.
Thursday, 30/09/2021 | 21:46 GMT
by
Felipe Erazo
Executive Moves
Saxo Bank Selects Damian Hitchen as CEO of the MENA Region
Hitchen has more than 20 years of experience in the global financial sector.
Monday, 13/09/2021 | 07:56 GMT
by
Bilal Jafar
Brokers
Saxo Bank Reports a Dip in FX Volumes during August
The recent FX monthly volume stood at $96.8 billion, compared to $111.9 billion in July 2021.
Thursday, 09/09/2021 | 07:02 GMT
by
Bilal Jafar
Brokers
Saxo Markets Singapore’s Client Onboarding Jumps 24% in H1
75 percent of the new traders on the platform are below 40 years old.
Tuesday, 07/09/2021 | 06:38 GMT
by
Arnab Shome
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Brokers
Saxo Bank’s Operating Income Reaches DKK 2.4 Billion in H1 2021
The Group reported a net profit of DKK 512 million for the first half of 2021.
Friday, 20/08/2021 | 09:21 GMT
by
Bilal Jafar
Next
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