Saxo Bank sees further 4% drop in trading volumes in June 2024
Saxo Bank’s core FX trading volumes fell to another multi-year low, totaling $78.1 billion in June 2024.
Saxo Bank News
Saxo unveils Q3 2024 outlook warning of sandcastle economics
Saxo’s strategy team warns of the fragility of this “sandcastle economy” in their quarterly outlook for Q3.
Saxo Bank informs its partners about changes to country presence
Multi-asset investment specialist Saxo Bank has published a notice to its partners about an important change to Saxo’s service.
Saxo Bank publishes findings of Q3 2024 investor survey
Saxo Bank has run another survey of their clients to gain insights into how they predict the markets will move in Q3.
Saxo Bank reviews strategic opportunities for APAC presence
Saxo Bank A/S has decided to initiate a review of strategic opportunities for its Asia-Pacific presence.
Legal merger of BinckBank N.V. and Saxo Bank A/S to take place on 1 July 2024
The legal merger of BinckBank N.V. and Saxo Bank A/S is confirmed and will take place on 1 July 2024.
Saxo Bank trading volumes decline 20% in May as FX drops to multi-year low
Saxo Bank’s core FX trading volumes came in at $79.6 billion for the month, the lowest level they have been at since 2016.
Saxo Bank plans changes to sub-account transfer across currencies
Saxo Bank has announced that cross currency sub-account transfers during FX non-trading hours will no longer be supported starting mid/end June 2024.
Saxo UK hires InvestCloud exec Andrew Bresler as CEO
The hiring marks a return for Andrew Bresler, who was Deputy Head of Sales Trading at Saxo in Singapore from 2016 to 2018.
Saxo’s Global Sales and SXO to merge into single entity named Group Commercial
Saxo Bank has announced the merger of its Global Sales and Saxo Experience Office (SXO) into a single entity named Group Commercial.
