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Brokers
Saxo Bank’s Monthly Volumes Reach $322 Billion in July
2022-08-05T09:21:22.851+02:00
The total monthly FX volumes came in at $115.9 billion.
Average daily FX volumes touched $5.5 billion.
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Retail FX
Saxo Bank Japan is Terminating Support for MT4 in September 2022
2022-08-04T11:05:34.606+02:00
Some customers will be exempted and may continue trading via MetaTrader4.
The discontinuation of the MT4 will not affect SaxoInvestor platform in the GCC sector.
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Brokers
Saxo Bank Sees Recovery in FX Demand, June Trading Volume Jumps 44% YoY
2022-07-06T08:34:36.037+02:00
FX trading volume increased month-over-month, while overall trading slumped.
FX ADV in June came in at $6.9 billion.
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Arnab Shome
Executive Moves
Gyula Szathmary Becomes New Head of Digital Experience Platforms at Saxo Bank
2022-06-23T23:22:00.000+02:00
Szathmary has been working in Saxo Bank for over nine years.
He first started at the bank as Digital Designer and Community Manager.
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Institutional FX
After April's Dip, Saxo Bank’s FX Volume Climbs 19% to $149.6bn in May
2022-06-06T20:43:47.298+02:00
The total FX trading volume plunged by -17% in April.
Saxo Bank's FX volume has risen by 38% from January's output.
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Executive Moves
Saxo Markets Broadens APAC Market Strategist Team, Hires Charu Chanana
2022-05-25T11:59:02.912+02:00
The company has now three market strategists in APAC.
Chanana will be based in Singapore.
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Brokers
Saxo Bank’s April FX Trading Volume Plummets by 17%
2022-05-04T13:23:33.978+02:00
FX instruments’ demand remained flat year-over-year.
Overall trading activities also went down by 25.5 percent from March.
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Executive Moves
Saxo Markets Names Sean Ma as Head of Saxo Institutional in Hong Kong
2022-05-04T12:02:17.457+02:00
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.
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Brokers
Saxo Bank Warns Russians on Upcoming Nasdaq Service Termination
2022-04-25T08:14:47.307+02:00
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.
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FinTech
Saxo Markets Selects Ken Shih to Lead Digital Wealth Services in Greater China
2022-04-19T15:32:51.656+02:00
Shih brings 18 years of industry experience to the new role.
He previously held senior positions at HSBC, JPMorgan Chase, others.
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Brokers
Saxo Bank to Stop Providing Services to Russian and Belarusian Clients, Report Says
2022-04-09T12:48:39.205+02:00
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.
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Executives
Henrik Andersen Joins Saxo Bank as a New Member of the Board of Directors
2022-04-05T16:28:08.799+02:00
Henrik Andersen was elected by Saxo Bank's shareholders.
Saxo Bank added renewable energy basket, the third best performing basket year-to-date.
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Brokers
Saxo Bank Closes March with 35% Higher FX Trading Volume
2022-04-05T11:48:05.971+02:00
The overall trading demand on the platform jumped significantly.
However, equities demand slowed down.
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Brokers
Saxo Bank Ensures Platform Compliance amid FSA Flagging
2022-03-30T12:43:36.833+02:00
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.
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Brokers
Saxo Bank Profits Remain Flat in 2021, Client Number Jumps 19%
2022-02-24T09:55:53.212+02:00
The bank onboarded 263,000 new clients in the year.
The revenue for the year came in at 4.6 percent higher.
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Retail FX
Saxo Bank Issues Warning about Ruble Volatility
2022-02-24T08:55:44.661+02:00
Russian assets are adversely affected by geopolitical concerns.
Saxo Bank may suspend transactions or introduce restrictions in such instruments.
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Executive Moves
TheTradingPit Has Selected Petros Kalaitzis as Its New Global COO
2022-02-02T14:01:20.715+02:00
Kalaitzis brings around 11 years of experience from the financial industry to the role.
His skills include market analysis, client relations, client experience.
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Brokers
Saxo Sees Dip in December FX Demand, Equities Soars 49%
2022-01-05T13:15:42.263+02:00
FX demand for the month turned out to be the lowest in 2021.
Equities trading jumped by 153.8 percent year-over-year.
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Executive Moves
OANDA Promotes Lucian Lauerman as Head of Digital Assets
2021-12-13T09:16:27.531+02:00
Lauerman joined OANDA in late 2019 and was previously the Head of Data Services.
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Brokers
Saxo Bank Sees 12.2% Dip in November FX Volumes
2021-12-06T12:25:13.353+02:00
Trading demand declined across all asset classes offered by the Danish broker.
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Brokers
London Summit 2021 Recognizes Industry’s Finest
2021-11-18T16:00:39.000+02:00
After weeks of voting for leading companies by industry peers, prestigious honors were bestowed to the best performing venues.
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Jeff Patterson
Executive Moves
Saxo Bank Onboards Claudius Sutter to Its Board of Directors
2021-11-18T13:09:36.000+02:00
Sutter brings a wealth of experience of close to forty years working in the finance industry.
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Tom Hazan
Brokers
Saxo Bank Provides Trading Infrastructure to HSBC Customers in Singapore
2021-11-12T12:51:32.000+02:00
The integration into the banking system will be made using Saxo’s OpenAPI.
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Retail FX
Saxo Posts a Jump in October’s Equities Volume
2021-11-04T14:19:36.000+02:00
The recent Equities monthly volume came in at $173.4 billion.
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Bilal Jafar
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Brokers
Saxo Banks Expands Crypto Offering amid High Demand
2021-10-26T13:00:31.000+02:00
Turnover from crypto trading came in at $2.5 billion in merely six months.
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