Cobalt goes live with Deutsche Bank, XTX Markets and Saxo Bank on its FX post-trade infrastructure LeapRate

September 23, 2019 BY Valentina Kirilova

Cobalt goes live with Deutsche Bank, XTX Markets and Saxo Bank on its FX post-trade infrastructure

FX post-trade infrastructure and solutions provider Cobalt has announced that it has gone live with Deutsche Bank, XTX Markets and Saxo Bank as its first clients. Cobalt has developed a platform that matches all FX trades into a single trusted record, dramatically increasing efficiency and offering clients savings of up to 50% on their current…

August 22, 2019 BY Valentina Kirilova

Saxo Bank reports lower than expected financial results in H1 2019

Copenhagen-based online broker Saxo Bank today reported a negative net profit of DKK 139 million for the H1 2019, compared to a positive net profit in H1 2018 of DKK 153 million. H1 2019 highlights include: Operating income: DKK 1,109.8 million (DKK 1,506.4 million H1 2018) EBITDA: DKK 57.1 million (DKK 397.9 million H1 2018)…

August 21, 2019 BY Valentina Kirilova

Exclusive: Tradesocio partners with Saxo Bank for direct connection to deep liquidity

LeapRate Exclusive... Saxo Bank, a provider of electronic trading and investment services, strikes partnership with fintech company Tradesocio. Expanding Tradesocio’s ecosystem of liquidity providers, Saxo Bank also becomes part of the fintech provider’s Marketplace, comprising of leading financial institutions and technology providers worldwide. Brokerage firms, wealth management companies, fund administrators and other financial organisations implementing…

April 08, 2019 BY Valentina Kirilova

Niels Jørgensen joins Saxo as Chief SaxoExperience Officer, Global Head of Marketing and Communications

Copenhagen-based online broker Saxo Bank today announced that Niels Jørgensen will be joining the team in a newly created position as Chief SaxoExperience Officer, Global Head of Marketing and Communications as of 15 August. Niels Jørgensen will be a member of the Executive Team, and is going to be reporting directly to Kim Fournais, CEO…

February 26, 2019 BY Valentina Kirilova

Saxo Bank reports record FY 2018 profits after the sale of Saxo Payments and Privatbank

Copenhagen-based online broker Saxo Bank today announced a record profit of DKK 955.8 million (roughly $145 million) for 2018, which is a 138% increase to the 2017 profit figures. The Group reported an increase in client deposits to a record high of DKK 112.6 billion ($17m) while its operating income came in at DKK 2.8…

January 22, 2019 BY Valentina Kirilova

Saxo Bank hires Citigroup's Fan Xu as CEO of Greater China

Copenhagen based Retail FX broker Saxo Bank has informed the public that it has appointed Fan Xu as CEO of Greater China. Fan Xu will be based in Shanghai and will be reporting directly to founder and CEO, Kim Fournais. Fan Xu has over 20 years of experience in financial services and markets, working for companies…

January 22, 2019 BY Valentina Kirilova

Saxo Q1 outlook: Beware the global policy panic

The following article is courtesy of Retail FX broker Saxo Bank. Copenhagen based Retail FX broker Saxo Bank has today published its Q1 2019 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities, and bonds, as well as a range of macro themes impacting client portfolios. Steen Jakobsen, Chief Economist and CIO,…

January 15, 2019 BY Valentina Kirilova

Saxo Bank appoints Joanne Page as its new CFO for London

Copenhagen based Retail FX broker Saxo Bank has just announced that it has appointed Joanne Page as its new CFO. Page has joined Saxo Capital Markets UK in December 2018. She succeeds Diya Patel, who has left Saxo to pursue new opportunities, as a Saxo spokesperson noted. Patel has been Saxo's CFO since October 2016. Prior to Saxo,…

December 17, 2018 BY Valentina Kirilova

Saxo Bank acquires Dutch online brokerage BinckBank

Copenhagen based Retail FX broker Saxo Bank has just announced that it has reached a conditional agreement with Dutch online brokerage BinckBank on a recommended all-cash public offer of EUR 6.35 (cum dividend) per issued and outstanding ordinary share and priority share of BinckBank representing a total consideration of EUR 424 million. The offer price…

November 21, 2018 BY Valentina Kirilova

Saxo Bank launches SaxoInvestor platform for investors in Denmark

Copenhagen based Retail FX broker Saxo Bank has just announced that it has launched SaxoInvestor, a new platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios. The platform is initially launched in Denmark with international roll-out planned for the first quarter of…

Tag: Saxo Bank