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Executives

Saxo Appoints Andrew Bresler as UK CEO

  • Bresler becomes Saxo UK's CEO on June 3, succeeding Simon Camilleri.
  • He brings experience from his previous roles at Saxo, Citibank, and InvestCloud.
Thursday, 30/05/2024 | 09:04 GMT by Tareq Sikder
Retail FX

Client Assets on Saxo Hit DKK 800 Billion

  • The brokerage added DKK 650 billion in client assets in the last six years.
  • It has more than 1.2 million clients globally.
Friday, 17/05/2024 | 08:23 GMT by Arnab Shome
Retail FX

Saxo's Ownership Change: Sampo Sells 19.8% Stake in the Brokerage

  • The sale came as a part of the demerger process of Sampo and Mandatum.
  • The two companies have set the price of the transaction to EUR 302 million.
Wednesday, 08/05/2024 | 08:56 GMT by Arnab Shome
Retail FX

Saxo Bank’s FX Volume Recovers in April, Equities Hit Record

  • FX demand recovered by 16.6 percent month-over-month but still remains low compared to other months.
  • Meanwhile, the equities volume reached $303.7 billion, a record on the platform.
Friday, 03/05/2024 | 07:20 GMT by Arnab Shome
Retail FX

Saxo Bank’s Co-Founder Invests in Crypto Trading Algo Firm

  • The investment was made through Lars Seier Christensen’s investment arm.
  • Christensen divested his stakes in Saxo in 2017.
Tuesday, 23/04/2024 | 05:51 GMT by Arnab Shome
Retail FX

FX Demand on Saxo Bank in March Hits Lowest since at Least 2016

  • The monthly volume of FX for March came in at $85.1 billion.
  • However, demand for equities picked up, with a month-over-month jump of 10 percent.
Thursday, 04/04/2024 | 06:26 GMT by Arnab Shome
Brokers

FX Demand on Saxo Bank Drops in February: Lowest in 2 Years

  • The forex volume for the month fell 15.4 percent month-over-month.
  • While the forex daily average dropped, the figure remained the same or increased for other asset classes.
Tuesday, 05/03/2024 | 09:14 GMT by Arnab Shome
Retail FX

Breaking: Saxo Bank’s 2023 Profit Dips 8.1% despite Revenue Rise

  • The broker closed the year with an operating income of DKK 4.48 billion.
  • It ended the year with 1.15 million traders.
Friday, 01/03/2024 | 07:26 GMT by Arnab Shome
Executives

Saxo Markets UK Faces Leadership Transition as CEO Charles White-Thomson Resigns

  • The resignation includes White-Thomson's departure from Saxo Capital Markets UK Ltd's Board of Directors.
  • White-Thomson has served as the CEO of Saxo Markets UK Since 2020.
Monday, 05/02/2024 | 16:10 GMT by Jared Kirui
Retail FX

Saxo Bank's January 2024 Forex Volume Dips to 5-Month Low

  • However, the overall client activity hits a new high with $375.5 billion.
  • Equity trading at Saxo surges to $219.78 billion, a significant increase from December.
Monday, 05/02/2024 | 08:54 GMT by Damian Chmiel
Retail FX

Saxo Partners with FairXchange for Liquidity Management with Data Analytics

  • FairXchange equips Saxo Bank with Horizon for enhanced liquidity management.
  • Since 1998, Saxo Bank has been offering professional tools and global market access to investors.
Tuesday, 16/01/2024 | 09:33 GMT by Tareq Sikder
Retail FX

Saxo Reveals Fee Cuts to Foster Accessibility in US and Australian Markets

  • The firm slashes brokerage fees, with a reduction of 87% for US markets and 62% for the ASX.
  • Global market traders will benefit from a two-thirds reduction in currency conversion fees.
Monday, 15/01/2024 | 09:49 GMT by Tareq Sikder
Retail FX

FX Volume on Saxo Pushes December’s Overall Figure Higher

  • Forex trading demand jumped 13.6 percent last month.
  • Demand for other asset classes offered by Saxo declined.
Thursday, 04/01/2024 | 07:25 GMT by Arnab Shome
Retail FX

Options to Funds: Saxo Unveils New Investment Spectrum for UK Retail Traders

  • The firm offers a selection of over 6,000 global funds from Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P. Morgan, and Vanguard.
  • With this feature, clients can consolidate their investment portfolio, incorporating ISAs and SIPPs.
Monday, 27/11/2023 | 10:55 GMT by Tareq Sikder
Retail FX

Trading Volume on Saxo Dips in September, FX Follows Trend

  • The FX trading volume on the platform came in at $106.1 billion.
  • Despite the overall drop, the average daily volume improved.
Tuesday, 24/10/2023 | 08:07 GMT by Arnab Shome
Retail FX

Summer Lull Hits Saxo: FX Volume in August Remains Flat

  • Saxo handled $112.3 billion in FX trading last month.
  • Demand for equities trading jumped 33 percent.
Wednesday, 06/09/2023 | 06:56 GMT by Arnab Shome
Retail FX

Saxo Becomes a ‘Systematically Important’ Danish Bank

  • It is the ninth such Danish institution to gain the status.
  • It comes with stringent capital requirements.
Monday, 26/06/2023 | 09:22 GMT by Arnab Shome
Retail FX

Saxo Amends CFDs Target Market Determination amid ASIC’s Stop Order

  • The regulator issued eight stop orders against Saxo’s offerings.
  • The orders were revoked in two days.
Thursday, 18/05/2023 | 07:03 GMT by Arnab Shome
Retail FX

Saxo Enhances Australia Offerings with Managed Portfolio Launch

  • BlackRock, Morningstar, Nasdaq, and others manage SaxoSelect portfolios.
  • These portfolios have a minimum investment requirement of US$10,000.
Tuesday, 28/03/2023 | 10:44 GMT by Arnab Shome
Brokers

Saxo Bank’s February FX Volume Sinks despite a Stronger ADV

  • The platform ended the month with a 3.8 percent jump in FX ADV.
  • Overall demand for commodities and fixed-income instruments increased marginally.
Monday, 06/03/2023 | 06:09 GMT by Arnab Shome
Brokers

Saxo Bank Posts 5% Dip in January FX Trading Volume

  • The overall trading volume tanked compared to December.
  • Demand for equities came down by 14 percent month-over-month.
Friday, 10/02/2023 | 08:09 GMT by Arnab Shome
Retail FX

Saxo Bank Posts 12% Decline in December FX Demand

  • However, demand for FX instruments jumped by 26.7 percent year-over-year.
  • Overall trading demand on the platform also dipped by 9.3 percent.
Wednesday, 04/01/2023 | 10:50 GMT by Arnab Shome
Executive Moves

Saxo Bank Names Mads Dorf Petersen as Permanent CFO

  • He took up the role at an interim level in October.
  • He has been working at Saxo for about 14 years.
Thursday, 22/12/2022 | 08:56 GMT by Arnab Shome
Brokers

FX Trading Demand on Saxo Bank Rises by 7.8% in November

  • Overall trading activities on the platform surged.
  • However, demand for commodities and fixed-income instruments plummeted.
Tuesday, 06/12/2022 | 07:15 GMT by Arnab Shome
Executive Moves

Saxo UK Onboards Simon Camilleri as New COO

  • He previously worked at Bank of America Securities for 17 years.
  • The UK company has made several other appointments recently.
Friday, 11/11/2022 | 11:22 GMT by Arnab Shome
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