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Brokers
Saxo Bank Looks to China with New Office in Shanghai Free-Trade Zone
2015-09-10T13:44:23.000+02:00
No doubt the company will be expecting the increased trading activity in Asia to boost results, after incurring a net loss during H1 2015.
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Saxo Bank’s Trading Volumes Spike Higher as Volatility Picks Up
2015-09-09T11:22:38.000+02:00
In a year-to-year comparison Saxo Bank's volume numbers look positive as well, up 4% from $212 billion in August 2014.
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Executive Moves
ADS Securities Hires Former Saxo Bank Regional Head in China
2015-09-07T21:37:01.000+02:00
The Abu-Dhabi based brokerage on-boarded Francis Lee, an experienced foreign exchange markets professional, to head its business in Hong Kong
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Executive Moves
Saxo Bank’s Kasper Elbjørn to Part Ways with Danish Broker
2015-09-01T10:55:48.000+02:00
Mr. Elbjørn has been a mainstay at Saxo Bank since 2007, having served a key role in its relations and communications during his tenure.
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Brokers
Daily FX Brokers' News: Darwinex Revamps Risk Parameters, Saxo Phases Out Old Platforms
2015-08-29T14:50:33.000+02:00
A batch of changes are incoming for clients of some brokers as the M4 iOS app goes open source and Rakuten unlocks fingerprint authentication
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Breaking: Saxo Bank Reports H1 2015 Metrics, Incurring Net Loss of -$73.1M
2015-08-21T12:36:15.000+02:00
Saxo Bank incurred a net loss of -$73.1 million during H1 2015, hurt in large part by the upheaval caused by the SNB event earlier this year
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Executive Moves
Saxo Capital Markets Turkey Names Savaş Divanlıoğlu as Its Head
2015-08-20T12:59:47.000+02:00
Mr. Divanlıoğlu joins Saxo Capital Markets Turkey with over two decades of experience across several senior level financial roles.
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Brokers
Brokers' Update: RoboForex Adds cTrader, Saxo Opts for Swiss and Dutch Options
2015-08-18T13:00:09.000+02:00
Meanwhile, Tradeworks has introduced a new product designed to facilitate the analysis of the performance of trading strategies
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Brokers
Brokers’ Update – Saxo Bank CZK and Admiral Markets MT4
2015-08-13T16:15:08.000+02:00
Saxo Bank has decided to increase margin requirements on CZK from the current level of 8% to 20%.
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Brokers
Brokers’ Update – Saxo Bank Adopting Arabic, eToro Offers Unleveraged FX
2015-08-12T16:00:19.000+02:00
The Danish multi-asset broker would like the Middle East to switch to its proprietary SaxoTraderGO platform.
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Brokers
Saxo Bank Reports Lackluster July 2015 Trading Volumes
2015-08-11T19:12:09.000+02:00
For the month ending July 2015, total volume at Saxo Bank came in at just $181 billion, down by -24.9% MoM from $241 billion in June 2015.
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Executive Moves
Saxo Bank Focusing on User Experience with High Level Recruit
2015-08-06T13:45:06.000+02:00
In the newly created role of CXO, Mr. Wegloop will be assuming the mantle of responsibility for Saxo Bank’s global user experience.
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Executive Moves
Saxo Bank Taps Søren Kyhl as Group COO
2015-08-04T14:25:17.000+02:00
In his newly created role of COO, Mr. Kyhl will be tasked with assuming the responsibility and oversight of Saxo Bank’s daily operations and execution.
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Executive Moves
Anthony Belchambers Replaces Beecroft as Non-Exec Chairman at Saxo Bank
2015-07-21T15:20:48.000+02:00
Mr. Beecroft’s departure comes amidst Saxo’s transition from an FX retail specialist to a multi-asset retail and institutional business.
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Analysis
GAIN Overtakes FXCM, PBs Charging More and the Profitability Report
2015-07-19T10:13:30.000+02:00
On vacation? Too busy working? Here are the important forex stories you missed last week that appeared on Finance Magnates.
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Brokers' Update: OANDA Scraps Onshore Chinese Yuan, French AMF Vigilant
2015-07-16T23:06:26.000+02:00
Brokers have kept updating their offerings by adding and removing features and instruments while the French AMF updated its brokers warning list
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Brokers
Saxo Bank Normalizes Margin Requirements as Volatility Scare Wears Off
2015-07-16T19:47:06.000+02:00
The Danish broker has announced that it is normalizing margin requirements on major stock indices and currency pairs after a temporary hike
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Prime Brokerage
More FX Banks Increase Prime Brokerage Terms, Hurting Smaller Clients
2015-07-16T16:05:03.000+02:00
As Citi increased its PB fees by as much as 25% after Black Thursday, now ABN AMRO reportedly requires $5 million in minimum capital.
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Analysis
Plus500’s User Acquisition Costs Jump, Interactive Brokers FX Volumes Rise
2015-07-12T11:00:27.000+02:00
The best stories of the week included a decline of Plus500's quarterly revenue and the strong performance of Interactive Brokers' FX volumes
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Regulation
Danish Watchdog Reprimands Saxo Bank over SNB Crisis Handling
2015-07-10T10:17:36.000+02:00
The Danish FSA has received a total of 38 complaints against Saxo Bank, all attributable to the CHF incident.
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Executive Moves
Saxo Bank’s Head of Social, Philip Macartney Parts Ways With Broker
2015-07-06T11:38:00.000+02:00
Mr. Macartney has served as the Head of Social at Saxo Bank since August 2014, having worked in its Copenhagen branch
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Analysis
IronFX Leaves Russia, Dukascopy Leaves Japan and XTB Seeks IPO
2015-06-28T09:01:58.000+02:00
The dynamic nature of the online trading industry exhibited itself again this passing week as some brokers had to exit various markets
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Brokers
Saxo Bank to Maintain Its Operational Presence in Cyprus
2015-06-22T14:01:04.000+02:00
The Danish multi-asset brokerage confirmed to Finance Magnates that it will continue relying on its operational base on the island
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Brokers
Saxo Bank Launches SaxoTraderGO Globally, Renounces CySEC License
2015-06-16T12:29:39.000+02:00
The Danish multi-asset brokerage has concluded the launch of its new platform with all retail clients of the broker gaining access
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Executive Moves
Saxo Bank Strengthens FX Executive Personnel With Series of Moves
2015-06-11T11:11:29.000+02:00
Mr. vom Scheidt has been a mainstay at Saxo Bank since 2008, serving as a driving force in fostering the growth of FX Options and FX API.
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