Skou will help Saxo streamline its expansion in her new position. In a LinkedIn post on Monday, Skou stated: "Happy and excited to take on the role as Global Head of Business Partnering at Saxo Bank. I am looking very much forward to continue working closely together with amazing and talented colleagues accross all departments…
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Saxo Bank is a widely known Danish investment bank founded and headquartered in Copenhagen that specialises in online trading and investment. Saxo bank reported its weakest FX volume in 6 months in July. The multi-asset brokerage saw average daily volumes in FX fall o $4.5 billion during the month, down 20% from June's $6.9 billion.…
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The daily average in forex trading came in at $6.9 billion, up on monthly, as well as yearly basis. Equities registered decline in demand to $192.1 million, lower than May’s $220.1 million. The asset class did register recovery compared to June 2021 by gaining nearly 52%. Fixed income instruments brought in $15.6 million registering a…
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The daily average in forex trading came in at $6.8 billion, up from the previous month’s $5.7 billion and from May 2021’s $5.0 billion. Equities registered a 30.2% MoM rise to $220.1 million last month and gained 55.1% compared to the previous year. Fixed income instruments brought in $10.7 million registering a 24.4% increased compared…
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The daily average in forex trading was stood at $5.7 billion, down from the previous month’s $6.6 billion. However, the number is slightly up from April 2021’s $5.6 billion. Equities registered a 27% MoM drop to $169.10 million last month but it gained 48.1% compared to the previous year. Fixed income instruments brought in $8.6…
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Andersen serves as President & CEO of Vestas Wind Systems A/S, a global provider of sustainable energy solutions. He has previously been in the role of Group President & CEO of Hempel A/S and held executive leadership positions in ISS A/S. Andersen has worked for more than a decade in the financial industry during the…
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Richard Douglas, CEO of Hong Kong, Saxo Markets, commented: Saxo’s vision is to enable people to fulfill their financial aspirations and make an impact. To achieve that, we're not only offering clients access to more than 60 exchanges globally with over 40,000 instruments covering different asset classes, we're also providing timely, relevant and insightful research…
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In 2021, total client assets came in at DKK 640 billion from DKK 478 billion recorded the previous year. Fournais continued: The year 2021 saw both growth and consolidation for the Saxo Bank Group. In Q1, we saw a record-high inflow of clients and client assets. In subsequent quarters, growth rates stayed positive, albeit at…
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Additionally, Saxo’s most popular Index CFDs including US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average) are tradable for longer. They have been extended by 1 hour and 1 minute. The extension allows traders to allowing traders to react to events which occur both before and after the exchanges open…
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The daily average volume with forex trading in November was $4.5 billion, down 11.8% MoM and 19.6% YoY. The total monthly trading volume with equities dropped to $156.2 billion in November 2021, 9.9% from October’s 173.4. The numbers were 42% up from November 2020, however. In November, commodities monthly volumes came in at $30.1 billion…
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