Saxo Bank Opens Abu Dhabi Office, Headed by New Hire, Filippo De Rosa

Earlier in the year it was reported that Saxo Bank was intending to expand its Middle East presence with the launch of an office in Abu Dhabi, UAE. Today, the broker announced the official launch of the office. The local represtative office opens with a license granted to it from the UAE Central Bank, making Saxo Bank one of the few foreign-based firms to enter the market with local Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term.

According to Saxo Bank, the office will be headed by Filippo De Rosa, who comes to the position from having previously worked with Moody’s Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term as an Assisting Director. The local Abu Dhabi branch falls under Saxo Bank’s larger Middle East operations, which is led by Jakob Beck Thomsen, CEO of Saxo Bank (Dubai) Ltd and Group Regional Head MENASA.

In a joint statement, Kim Fournais and Lars Seier Christensen, co-Founders and co-CEO's of Saxo Bank, said: “We are thrilled to be opening our second office in the UAE. We have seen operations expanding within the region rapidly since the opening of our first office in Dubai 5 years ago, and are delighted to be committing further to the Middle East and North Africa by entering Abu Dhabi.”