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Retail FX

News Nuggets | 30 March: Saxo's New Portal; JPX Gets into DeFi

  • Also Nordnet, Axi, and Beaxy.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 30/03/2023 | 09:33 GMT by Finance Magnates Staff
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
Institutional FX

Lower Trading Bites 6% into Saxo Bank's Profit in 2022

  • Trading-related earnings dipped 2% YoY to DKK 4.85 billion.
  • However, Saxo Bank saw record-high numbers in 2022 with 876,000 total clients.
Friday, 24/02/2023 | 18:51 GMT by Solomon Oladipupo
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 Keeps 'All Options Open', IPO Possible

  • An IPO could come as early as 2023, the CEO Kim Fournais told Reuters.
  • Saxo Bank abandoned a proposed SPAC deal last month
Tuesday, 10/01/2023 | 11:14 GMT by Solomon Oladipupo
Brokers

Top Forex Brokers in Australia

  • How do you choose the best forex brokers in Australia?
Thursday, 05/01/2023 | 13:25 GMT by Finance Magnates Staff
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
Retail FX

Saxo Bank's Reveals its Outrageous Predictions for 2023

  • Saxo Bank's yearly predictions include a UnBrexit and some big moves in USDJPY.
Thursday, 15/12/2022 | 09:09 GMT by Arnab Shome
Executives

Saxo's 30 Years, Nanny Finance, and Fatherly Advice: Charlie White-Thomson

  • Finance Magnates interviews Charlie White-Thomson, the CEO, of Saxo Markets UK.
  • Charlie delivers a frank assessment of the economic situation.
Wednesday, 14/12/2022 | 14:47 GMT by Ben Myers
Executive Moves

Steen Blaafalk Announces Retirement from Saxo Bank

  • He is retiring after more than 42 years in the financial services industry.
  • He will continue to sit on the board of Saxo's subsidiaries.
Monday, 12/12/2022 | 07:40 GMT by Arnab Shome
Retail FX

Breaking: Saxo Bank Terminates SPAC Deal Ending Public Listing Ambitions

  • The broker initially struck a deal with SPAC in September.
  • The deal was terminated with its ‘timing’ in question.
Wednesday, 07/12/2022 | 09:08 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
Brokers

Saxo Bank Sees 13% MoM Decline in October’s FX Volume

  • The figure strengthened by 13.1 percent year-over-year.
  • Overall trading volume on the platform came in at $432.2 billion.
Thursday, 03/11/2022 | 07:49 GMT by Arnab Shome
Executives

Saxo Bank Selects Mads Petersen as Interim CFO as Mette Pedersen Exits

  • Petersen was the Head of Commercial Finance until the appointment.
  • Pedersen is leaving after almost two years of serving as the Group CFO.
Monday, 10/10/2022 | 10:24 GMT by Solomon Oladipupo
Retail FX

Forex and Equities Push Saxo Bank's Volume 43% Higher in September

  • The new volume reverses a 3-month consecutive decline in volume.
  • Saxo Bank's net profit sank 41% in the half-year of 2022.
Thursday, 06/10/2022 | 15:10 GMT by Solomon Oladipupo
Brokers

Saxo Bank Tackles Harlequin F.C. into Rugby Sponsorship Deal

  • The branding of Saxo will appear on Harlequins’ home turf, Twickenham Stoop.
  • The stadium has a capacity of around 14,800.
Friday, 23/09/2022 | 08:46 GMT by Arnab Shome
Brokers

Saxo Bank Explores Amsterdam Listing with SPAC Deal

  • The broker has chosen Disruptive Capital Acquisition Company as its SPAC partner.
  • Saxo will not issue any primary shares.
Thursday, 15/09/2022 | 07:30 GMT by Arnab Shome
Brokers

Saxo Bank Sees 41% Decline in H1 2022 Profit

  • The income of the brokerage group dropped to DKK 2,145 million.
  • It ended the period with 874,000 clients.
Thursday, 08/09/2022 | 11:22 GMT by Arnab Shome
Brokers

8 Best Forex Brokers in the UK

  • Read an in-depth review of the top UK forex brokers.
Tuesday, 06/09/2022 | 09:50 GMT by Finance Magnates Staff
Retail FX

Saxo Bank’s Volume Drops for Third Consecutive Month to $311.8B

  • The total monthly volume stood at $421.6 billion in May.
  • Saxo Bank Japan stops support for MetaTrader4 on Sunday.
Monday, 05/09/2022 | 21:53 GMT by Solomon Oladipupo
Brokers

Saxo Bank Allows Fractional Index CFDs Trading for Japanese Traders

  • The minimum trading unit has been reduced to as low as 0.01.
  • The platform offers more than 20 stock index CFDs.
Thursday, 25/08/2022 | 08:22 GMT by Arnab Shome
Executive Moves

Mette Skou Becomes Global Head of Business Partnering at Saxo Bank

  • She has been associated with Saxo Bank for almost 14 years.
  • Skou has deep expertise in HR business partnering.
Tuesday, 09/08/2022 | 08:10 GMT by Bilal Jafar
Executive Moves

Ronni Bollerup Butler Becomes Head of Electronic Trading at Saxo Bank

  • He previously worked as Head of Futures and Options at Saxo.
  • Butler has approximately 15 years of experience in financial markets.
Monday, 08/08/2022 | 05:58 GMT by Bilal Jafar
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