Tag: Kim Fournais

Saxo Bank office
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…

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Saxo Bank office
February 23, 2018 BY LeapRate Staff

Saxo Bank revenues and profits slow during second half of 2017

Copenhagen based multi asset brokerage group Saxo Bank A/S has released its financial results for 2017, showing moderate growth and improved profitability over 2016, but also revealing that the company's business slowed considerably in the second half of the year. For the full year 2017, Revenues at Saxo Bank came in at DKK 3.03 billion…

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forex industry news update
May 28, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary options CEO ousted, Euronext-FastMatch and ThinkMarkets-Trade Interceptor, and lots more…

Mergers and Acquisitions activity led Forex Industry News this past week, on both the retail and institutional sides of the sector. The key deals - Euronext NV (EPA:ENX) buying FastMatch and ThinkMarkets acquiring Trade Interceptor - highlighted two of the key FX industry trends we've reported a lot on of late: consolidation, and the growing importance…

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November 16, 2016 BY Valentina Kirilova

EFG Hermes signs partnership deal with Saxo Bank

The financial services corporation in the Arab World, EFG Hermes, has just signed a strategic partnership agreement with Copenhagen-based Multi Asset broker Saxo Bank. The move is said to be aimed at enabling full integration of Saxo Bank’s SaxoTraderGO platform with EFG Hermes’ new online trading platform, EFG Hermes One. The new platform will grant…

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September 06, 2016 BY LeapRate Staff

Saxo Bank partners with Morningstar to offer value stocks portfolio via SaxoSelect

Putting an emphasis lately on its investment management business, retail forex broker Saxo Bank has announced that it collaborating with Morningstar Investment Management Europe Ltd, the EU arm of Chicago-based investment research giant Morningstar, Inc., to expand the range of investment strategies available to Saxo Bank clients. With the new collaboration, Saxo Bank will add a value-based investment…

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