Tag: Saxo Bank FX

April 28, 2014 BY Andrew Saks-McLeod

Saxo Bank quells interest rate risk exposure on FX crosses

A clever approach to client retention by Saxo Bank as Forward Outrights of up to twelve months introduced Saxo Bank released a series of forward outrights on 115 crosses on Friday last week. With this addition, the company provides a trading environment which may well cater toward the more conservative trader who wishes to hedge…

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April 10, 2014 BY Gerald Segal

Saxo Bank is the first retail broker in Europe to offer access to IEX

The broker will offer DMA to IEX on its award-winning online trading platform, SaxoTrader Saxo Bank is the first retail broker in Europe to offer access to IEX, an alternative trading system (ATS) which focuses on investor protection and performance by resisting high frequency trading. Access to IEX on Saxo Bank's platform went live on…

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April 07, 2014 BY Gerald Segal

Saxo Bank officially launches USD/CNH options contracts

OTC options on USDCNH to be made available on SaxoTrader Platform Saxo Bank, has officially announced the addition of OTC options on USDCNH to its platform to allow clients better access to trading on the offshore Renminbi. We reported this news last Friday when it slid under the radar of Saxo’s March monthly volume report. The…

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April 04, 2014 BY Gerald Segal

Saxo Bank monthly volume down roughly 10% from February

Year over year volume performance is down a bit as well. In March 2013, average daily volume stood at $15.1bn, total volume was $317bn Monthly volume figures at leading and LeapRate approved Danish brokerage Saxo Bank have been released for the month of March and the number is out at $239bn. That’s a decline of…

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April 01, 2014 BY Gerald Segal

Saxo Bank launches XAUCNH FX spot cross

The firm also improves spreads on all existing spot CNH crosses Saxo Bank, the largest European-based Forex trading firm (and a member of LeapRate's Approved List of Forex firms) has today added a new FX spot cross to the platforms. The bank is now trading spot gold against Chinese offshore renminbi (XAUCNH). Elizabeth Missfeld who works…

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