Copenhagen based multi asset broker Saxo Bank has issued a statement coming out strongly in favour of new FX and CFD brokerage rules proposed by pan-European financial regulator ESMA. At the center of ESMA's proposals - which include a Binary Options ban, required negative balance protection, and a ban on incentive bonus payments to retail…
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LeapRate Exclusive... LeapRate has learned that London based FX and CFDs broker ETX Capital has stayed internal to replace its recently departed longtime CEO Andrew Edwards, promoting COO Arman Tahmassebi to the CEO position at the company. As was exclusively reported at LeapRate at the beginning of November, Andrew Edwards surprised a lot of people…
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One of the more interesting traditions in the forex world as we head toward the holiday season and year-end is Saxo Bank’s annual “Outrageous Predictions”. Not meant to be a real look into the crystal ball but rather food for thought, Saxo Bank takes a look at some wacky but still plausible scenarios for traders…
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Copenhagen based multi asset broker Saxo Bank has announced that it has hired Robert Hjorth to take up a newly established position as Head of Strategy, effective from March 1, 2018. In the new role, Robert Hjorth will be driving the strategy planning process and execution to ensure efficient strategy prioritisation and execution across the…
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Saxo Capital Markets Pte Ltd, the Singapore arm of Copenhagen based online trading giant Saxo Bank has announced the launch in Asia of SaxoSelect, its fully digital and automated investment service. This launch follows the successful implementation of SaxoSelect in Europe in January 2016. SaxoSelect is available for clients with Saxo Capital Markets. SaxoSelect offers…
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The following is based on research by John Hardy, Head of FX Strategy at Saxo Bank. More of John’s research can be seen at Saxo Bank's TradingFloor.com. EURSEK could test 10.00 level EURUSD projections indicate 1.2300-plus 'The Aussie truly is down under' Global equities were under pressure overnight, picking up on the underlying theme of…
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Continuing a fairly slow October we have seen at some of the world's leading FX and CFD brokers, Copenhagen based multi asset broker Saxo Bank has released figures indicating that FX and overall trading activity was down slightly month-over-month. Overall, total multi-asset trading volumes at Saxo Bank were down 4% MoM in October, $328.5 billion…
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After we reported exclusively yesterday about the departure of longtime ETX Capital CEO Andrew Edwards, Copenhagen based multi asset broker Saxo Bank has announced that it has hired Mr. Edwards as the CEO of its FCA regulated UK operation, Saxo Capital Markets UK Ltd. Andrew Edwards effectively replaces the role of Matteo Cassina, who recently resigned as…
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Copenhagen based multi asset broker Saxo Bank has announced that Jesper Andreasen and Hans-Jørgen Terp Flyger will be joining the company, and setting up a new quant unit with the responsibility to drive and manage the development of new state-of-the-art risk tools. The new tools will support Saxo Bank’s internal risk functions and will also…
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New tools allow traders to analyse their performance in greater depth than ever before Copenhagen based multi asset broker Saxo Bank has today announced the launch of a new, comprehensive account functionality on SaxoTraderGO for its global client base. Clients trading under Saxo Bank A/S will have access to the new functionality from October 24…
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