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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
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
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
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
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
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
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
Executive Moves

Saxo Bank Selects Camilla Dahl Hansen as Chief Saxo Experience Officer

  • The latest appointment follows Niels Bremer Jørgensen’s decision to leave his position at Saxo Bank.
Monday, 16/08/2021 | 11:00 GMT by Bilal Jafar
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