ASIC found Saxo's TMDs for derivative products to be inappropriate, particularly concerning retail clients who use CFDs as a significant part of their investment portfolio, clients with investment timeframes of up to one year or up to three years, and specific instruments sought by retail clients for growth and income. CFDs are derivative contracts with…
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The CEO of Saxo Capital Markets, Andrew Edwards recently made the following observations about the rules and limits on the marketing and sale of contracts for differences (CFDs) introduced by the European Securities and Markets Authority (ESMA) on 30th July 2018. CFDs are instruments used by traders to speculate on whether an asset with rise…
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Retail FX broker FXTM, authorised and regulated in different jurisdictions under CySEC, FSCA, FCA and IFSC, has just announced the appointment of industry veteran Marcelo Spina as Global Head of Partnerships. Prior to joining FXTM, Mr Spina most recently held the role of Director of Institutional Sales at Saxo Capital Markets and before that, Head…
Read moreSaxo Capital Markets, the online multi-asset trading and investment specialist, has just announced the appointment of Eleanor Creagh to the newly-created role of Australia Markets Strategist. Ms Creagh will support Saxo’s expert Global Sales Trading team with trading ideas and financial market insights, reporting to Saxo Bank Group’s Chief Economist and Chief Investment Strategist, Steen…
Read moreAn industry executive with over 35 years of senior level expertise, Nick Beecroft has concluded his tenure as Non-Executive Chairman at Saxo Capital Markets in London
Read moreThe survey, conducted YouGogv and commissioned by Saxo Capital Markets UK ahead of today's unveiling of the SaxoTraderGo platform in Britain, interviewed 302 mass affluent individuals with investable assets of over £100,000 and showed the desire to use mobile devices is strong as over 30% of respondents expect to increasingly invest using a mobile device.
Read moreSaxo Capital Markets CY Ltd has informed the Cyprus Securities & Exchange Commission, CySec, that Saxo Capital Markets CY Ltd. will terminate its offering of the MetaTrader 4 platform and will stop onboarding new clients from today, Friday 5 June 2015
Read more"It appears the Bank of England is joining the currency wars and this all paints a grim picture for sterling vs the US dollar and I expect an imminent visit of 1.40, with 1.30 a realistic target for end Q2" - Nick Beecroft, Senior Analyst, Saxo Capital Markets
Read moreTwenty years after founding the Futures and Options Association, latterly FIA Europe, Anthony Belchambers joins Saxo Bank in a Non-Executive position
Read moreWill allow customers to invest their savings in a tax efficient manner. Saxo Capital Markets, the FSA-regulated UK arm of global FX brokerage firm Saxo Bank (a member of LeapRate's Approved List), has announced a Stocks & Shares ISA account in cooperation with ISA Manager European Pensions Management Limited. The Stocks & Shares ISA will…
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