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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
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
Brokers

Saxo Bank Sees Recovery in FX Demand, June Trading Volume Jumps 44% YoY

  • FX trading volume increased month-over-month, while overall trading slumped.
  • FX ADV in June came in at $6.9 billion.
Wednesday, 06/07/2022 | 06:34 GMT by Arnab Shome
Institutional FX

After April's Dip, Saxo Bank’s FX Volume Climbs 19% to $149.6bn in May

  • The total FX trading volume plunged by -17% in April.
  • Saxo Bank's FX volume has risen by 38% from January's output.
Monday, 06/06/2022 | 18:43 GMT by Solomon Oladipupo
Brokers

MENA Region and Dubai Again on the CFD Radar

  • New brokers are entering Dubai.
  • Traders from MENA with bigger deposits.
Thursday, 02/06/2022 | 12:29 GMT by Sylwester Majewski
Executive Moves

Joanna Moberly Joins Saxo Markets UK as New Head of Legal

  • Moberly has extensive experience in financial services law.
  • She previously worked with Lloyds and Barclays.
Monday, 30/05/2022 | 12:01 GMT by Bilal Jafar
Brokers

Saxo Bank’s April FX Trading Volume Plummets by 17%

  • FX instruments’ demand remained flat year-over-year.
  • Overall trading activities also went down by 25.5 percent from March.
Wednesday, 04/05/2022 | 11:23 GMT by Arnab Shome
Brokers

Saxo Bank Closes March with 35% Higher FX Trading Volume

  • The overall trading demand on the platform jumped significantly.
  • However, equities demand slowed down.
Tuesday, 05/04/2022 | 09:48 GMT by Arnab Shome
Brokers

Saxo’s FX ADV Jumps 7.6% MoM in February, Equities Decline

  • The total monthly volume with forex came in at $112.7 billion.
  • Equities volume declined from the record it hit in January.
Tuesday, 08/03/2022 | 10:51 GMT by Arnab Shome
Brokers

Saxo Bank Sees 21% MoM Jump in January Trading Volumes

  • FX demand recovered from the December dip, but remained lower year-over-year.
  • Equities trading touched a record high.
Thursday, 03/02/2022 | 11:18 GMT by Arnab Shome
Executive Moves

Saxo Markets UK Names Peter Morris as New COO

  • Morris has almost 40 years of experience from the global corporate sector.
  • He will report to Charles White-Thomson, the CEO of Saxo Markets UK.
Tuesday, 25/01/2022 | 09:15 GMT by Bilal Jafar
Executive Moves

Saxo Expands Australian Team with Jessica Amir and David Harvie

  • Jessica Amir joined as Saxo’s Australian Market Strategist while David Harvie has been selected as Country Head of Direct Sales.
Monday, 22/11/2021 | 10:22 GMT by Bilal Jafar
Brokers

Saxo Enables Trading with 9 Crypto-FX Trading Pair on TradingView

  • The broker generated a turnover of $2.5 billion from crypto trading till last month.
Monday, 22/11/2021 | 09:56 GMT by Arnab Shome
Retail FX

Saxo Posts a Jump in October’s Equities Volume

  • The recent Equities monthly volume came in at $173.4 billion.
Thursday, 04/11/2021 | 12:19 GMT by Bilal Jafar
Brokers

Saxo Banks Expands Crypto Offering amid High Demand

  • Turnover from crypto trading came in at $2.5 billion in merely six months.
Tuesday, 26/10/2021 | 11:00 GMT by Arnab Shome
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