Saxo Bank is one of the oldest Retail FX and CFD brokers, and is still today one of the largest doing about $300 billion in combined monthly volumes. The Copenhagen firm was founded in 1992 by Danish entrepreneurs Lars Seier Christensen and Kim Fournais, who co-ran the company until control of Saxo was acquired by China’s Geely Group in late 2017. Saxo Bank has matured from a mainly FX trading shop into a true multi-asset broker, with about half of its client trading volumes in any given month from a combination of Equities (including Index trading), Commodities and Fixed Income CFD products.
In addition to holding a bank license in its home market of Denmark, Saxo Bank subsidiaries are licensed in the UK, Singapore, Switzerland, France, The Netherlands, Belgium, Hong Kong and Australia. The group holds over €46 billion in combined client assets, and employs over 2,100 staff worldwide.
Saxo Bank offers its own proprietary SaxoTraderGO and SaxoTraderPRO trading platform to clients, in addition to a number of third party platforms. Clients not using the proprietary platforms can trade their Saxo account using the popular MT4, as well as Dynamic Trend, TradingView, and MultiCharts. Clients can also receive tailored multi-asset liquidity via FIX API.
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Multi-asset investment specialist Saxo Bank reminds its white label partners about their market abuse compliance obligations.
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Multi-asset investment specialist Saxo Bank plans to remove certain resources from its OpenAPI on or after November 2022.
featured, Mette Skou, Saxo Bank
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Mette Skou has been with Saxo Bank for 14 years, joining the company in 2008 as HR Legal Manager.
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Saxo Bank will introduce a new control mechanism that prevents the sale of positions requested to be transferred to another provider.
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Investment specialist Saxo Bank has just released a new version of its OpenAPI, enhancing the AutoTrading and Portfolio groups.
featured, Ronni Bollerup Butler, Saxo Bank
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Ronni Bollerup Butler has been with Saxo Bank for 15 years, and has held a variety of trading and management positions.
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Saxo Bank multi asset volumes came in at $322 billion, down 19% from June’s $399 billion.
featured, Peter Morris, Saxo Bank
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Peter Morris had joined Saxo Bank less than a year ago, in January 2022, following a near-40 year career in finance and management.
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Saxo Bank will soon be making a change to the booking flow of Shares, Bonds, Mutual Funds and Structured Products.
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Online trading and investment specialist Saxo Bank adds Historical Volatility Chart and Net Greeks Exposure.
