Saxo Bank Brings in Robert Hjorth to Fortify its Strategy and Execution

Saxo Bank has opted to fortify its strategy planning and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, addressing the segments with a new senior hire. Robert Hjorth will be joining Saxo Bank in a newly created role as Head of Strategy – his appointment will be tendered on March 1, 2018.

The appointment reflects Saxo Bank’s emphasis on its strategy prioritization and execution as it continues what has been to date an active campaign in 2017. This was evident during the past few months in which Saxo Bank addressed a growing demand for cryptocurrency, supporting Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term Exchange Traded Notes (ETNs).

Furthermore, Saxo Bank also paved the way for the rollout of a quant unit in the near future, securing experts Jesper Andreasen and Hans-Jørgen Flyger from Deutsche Bank. The hire of Mr. Hjorth further reiterates Saxo Bank’s strategy moving forward as it looks to maximize its execution across its global operations.

Kim Fournais, CEO and Founder of Saxo Bank commented on the hire: “We are thrilled to welcome Robert Hjorth to Saxo Bank to drive strategy planning and execution. Robert Hjorth brings over a decade of experience in investment management, business development, and building out and streamlining investment platforms across multiple jurisdictions and his new role will be instrumental moving Saxo into the next stage of growth.”

Mr. Hjorth lands at Saxo Bank after more than fifteen years in the financial industry, specializing in several areas. Most recently, he worked as the CEO at ATP Fondmæglerselskab A/S, as well as its Senior Director in Pensions and Investments at ATP. Additional stops also include senior level roles at a multitude of investment banks and asset managers in London, Copenhagen, and Abu Dhabi.

“Having followed Saxo Bank over the years, I have been thoroughly impressed with the bank’s ability to execute a strategy where superior skillsets from banking and technology are combined into a unique, truly global platform. The prospects for Saxo Bank are highly positive and I very much look forward to joining the team and be part of the next phase of growth,” explained Mr. Hjorth.

In addition, Finance Magnates has also learned that Saxo Markets has hired Marcelo Spina as its newest Senior Director with immediate effect. Mr. Spina joined Saxo Markets from GAIN Capital, having worked at the retail brokerage for almost a decade as its SVP - Head of Partnerships and Global Operations.