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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Saxo Bank has announced the merger of its Global Sales and Saxo Experience Office (SXO) into a single entity named Group Commercial.
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Multi-asset investment specialist Saxo Bank has reached another significant milestone, exceeding DKK 800 billion in client assets.
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The parties had previously agreed that the Saxo Bank stake would be included with Mandatum, when Mandatum was spun off of Sampo.
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Multi-asset investment specialist Saxo Bank is planning updates to its OpenAPI, including the removal of SignalR based streaming.
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The increased trading activity comes at a very good time for Saxo Bank, which is trying to find a buyer for the company.
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Saxo Bank attempted to go public in 2022 via a merger with a Euronext Amsterdam listed special purpose acquisition company (SPAC).
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Multi-asset investment specialist Saxo Bank is planning a raft of platform enhancements.
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Multi-asset investment specialist Saxo Bank has issued a reminder to white labels with delegated end-client EMIR reporting.
Damian Bunce, Exness, featured, GTN, Saxo Bank
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GTN, a global fintech, today announced Damian Bunce’s appointment as the CEO of GTN Middle East.
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Saxo Bank announced today that Chief Economist and Chief Investment Officer, Steen Jakobsen will be stepping down from his role.
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