Multi-asset trading and investment services provide Saxo Bank has just posted its key operating metrics for the last month of 2015, with the month showing a slight month-on-month rise in overall Forex volumes and a slight month-on-month drop in average daily volumes. Saxo Bank reported monthly Forex volumes of $226 billion for December 2015, a reading…
Read moreMulti-asset trading and investment specialist Saxo Bank continues to improve SaxoTraderGO, with the latest set of enhancements concerning the mobile applications for iPhones and iPads. Saxo Bank has enabled client identification on SaxoTraderGO through biometric verification. The application update for iPhones and iPads containing Touch ID support has been released to Saxo Bank clients and is…
Read moreMulti-asset investment and trading expert Saxo Bank keeps enhancing the capabilities of its SaxoTraderGo platform. After numerous chart improvements were introduced in November and December this year, the company is planning further enhancements to the platform for January 2016, with the focus being on studies. Donchian Channel The Donchian Channel study is set to be available from…
Read moreIt is a tough time to be holding petro-currencies. It seems that the Fed's FOMC meeting move of a 25 basis point rate hike - the first such rise since 2006 - has traders focused on continued US Dollar strength. That means weakness in US Dollar denominated products such as Crude Oil, which witnessed a…
Read moreSinar Mas Group's Danny Oei joins the Saxo Board. Sinar Mas acquired a 9.9% stake in Saxo Bank last summer.
Read moreWell, they finally did it. In one of the most anticipated rate changes in recent memory - although the first in an upward direction since 2006 - the US Fed (or more precisely, the FOMC) announced a 25 basis point rate hike in its target funds rate. The Fed's new target range will go from 0-0.25%…
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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…
Read moreMulti-asset trading and investment expert Saxo Bank has earlier today published its key operating metrics for November 2015, with the month being rather solid for the company, with average daily volumes rising against October 2015 levels and client deposits continuing to grow. Average daily volumes in November 2015 amounted to $10.4 billion, up 5% from the level…
Read moreSaxo Bank Head of FX Strategy John Hardy takes a look at what is arguably one of the ECB's worst communications failures.
Read moreMulti-asset investment and trading expert Saxo Bank has been continuously improving its services. Keeping an eye on precision, the company is planning to introduce side-based Profit/Loss (P/L) calculations for Forex positions. Profit/Loss on open Forex positions shown in the Positions lists will be calculated based on the actual Bid or Ask close price instead of the…
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