While Bitcoin’s price is rising swiftly as 2017 draws to an end, many are now talking about the possibility of Bitcoin going to $100,000 in the future. However, as such prediction may be too far to consider, there are some major issues associated with the potentiality of the digital currency going “through the roof” in…
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Tradeworks, the Denmark based company that allows traders to automate their trading strategies announced earlier today that as "result of our strong growth we are moving our HQ to much bigger offices." The company's new home will be located in Copenhagen at Njalsgade 76, 4th floor. The company stated they are looking forward to growing…
Read moreThe restriction of the free movement of sovereign currency is often regarded as the preserve of non-free market economies with despotic governments. Denmark is now considering implementing capital control laws, representing the first Western nation to ever do so, with its central bank aiming to defend the Krone's peg against the Euro at all costs
Read moreDenmark's Nationalbanken purchased $16.34 billion worth of foreign currency in January 2015, which translates to 106.3 billion Danish Krone, the highest amount ever, as the nation's economists attempt to maintain the currency's peg at a time when the Euro is floundering
Read moreSaxo Bank, the Danish based online multi-asset trading and investment specialist, is experiencing a fresh inflow of clients today in the aftermath of yesterday’s significant changes in the Swiss currency crosses. Steen Blaafalk, Global Head of Finance and Risk Operations, Saxo Bank A/S, said: “We have seen an increased number of new clients this morning…
Read moreDenmark's financial services regulatory authority has concluded an investigation into CIBOR rate manipulation which took into account the period between 2009 and 2012, concluding that no malpractice took place and there are no grounds for any penalties
Read moreDenmark's Saxo Bank further invests in its one platform strategy by further bolstering cross-asset capabilities
Read more266 Saxo Bank employees gathered at 9:30am, told to leave. Managing growth is always difficult, but it is also a lot more enjoyable than managing in a time of austerity. And with a prolonged downturn in Forex trading volumes worldwide, some of the world's leading FX firms are feeling the pinch and need to deal with…
Read moreInvestor TPG Capital takes a more active board role.
Read moreLow volatility in Q1 and Q2 really take their toll on Saxo Bank.
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