Continuing a fairly slow October we have seen at some of the world's leading FX and CFD brokers, Copenhagen based multi asset broker Saxo Bank has released figures indicating that FX and overall trading activity was down slightly month-over-month. Overall, total multi-asset trading volumes at Saxo Bank were down 4% MoM in October, $328.5 billion…
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Copenhagen based online brokerage provider Saxo Bank has reported a nice 4% increase in August trading volumes, at $348.4 billion, up from $336.4 billion in July. While Saxo Bank saw healthy double digit percent increases in its non-FX products of Fixed Income (up 14%), Commodities (31%) and Equities (12%) during August, its core FX trading volumes…
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Saxo Bank reports higher profits and client assets as digital transformation gathers momentum ahead of 25 year anniversary milestone Copenhagen based multi-asset broker Saxo Bank has reported a net profit of DKK 229 million for the first six months of 2017, an increase of 45% compared to the first half of 2016. Clients’ collateral deposits…
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In a month in which most retail and institutional eFX providers have reported slight to mild decreases in FX trading volumes, Copenhagen based Saxo Bank has disclosed a nice 3% increase in July FX volumes, to $249 billion, up from $242 billion in June. While forex trading was strong at Saxo Bank, the multi-asset broker…
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Consistent with what we've been seeing at other leading eFX trading venues for the month of June, Copenhagen based multi-asset broker Saxo Bank has reported that it saw an overall 4% MoM increase in trading volumes during June, including a 3% rise in FX trading volumes. FX volumes came in at $242 billion for June versus $235…
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After a fairly slow April, Copenhagen based multi-asset broker Saxo Bank has reported that it saw an overall 17% MoM increase in trading volumes during May, including a 14% rise in FX trading volumes. FX volumes came in at $235 billion for May, with total multi-asset volumes (including also Equities, Commodities and Fixed Income) totaling $331 billion for the month.…
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Copenhagen based multi-asset broker Saxo Bank has released its trading volume statistics for the month of April, indicating an overall 25% reduction in activity for the month. The figures at Saxo Bank are fairly much in line with what we have seen for April from other leading retail and institutional eFX venues. After a fairly…
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Copenhagen based multi asset broker Saxo Bank has announced its March trading volumes. And, in line with what we have seen at other leading Forex and Online brokers so far, March was a very good month at Saxo Bank. Overall, trading volumes at Saxo Bank were up 19% MoM in March, totaling $376.7 billion -…
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Some of our most popular, shared and commented-on posts this week in Forex Industry News at LeapRate included: CySEC gets tougher on bonus schemes, banning referral payments, trading competitions, and cash rebates. Cyprus financial regulator CySEC has issued an information circular, providing what it calls “additional guidance” to CIF licensed brokers on the types of bonus…
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Retail Forex broker Saxo Bank has changed the way it reports its monthly trading volumes, dividing out figures between four major asset classes - Commodities, Equities, Fixed Income, and of course FX. The Copenhagen-based broker has been actively promoting to both retail and institutional clients the multi-asset nature of its offering, and this latest added…
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