Tag: Saxo Bank

Saxo Bank
July 06, 2022 BY Steffy Bogdanova

Saxo witnesses FX demand recovery in June

The daily average in forex trading came in at $6.9 billion, up on monthly, as well as yearly basis. Equities registered decline in demand to $192.1 million, lower than May’s $220.1 million. The asset class did register recovery compared to June 2021 by gaining nearly 52%. Fixed income instruments brought in $15.6 million registering a…

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Saxo Bank
June 07, 2022 BY Steffy Bogdanova

Saxo Bank sees 18% MoM rise in forex trading in May

The daily average in forex trading came in at $6.8 billion, up from the previous month’s $5.7 billion and from May 2021’s $5.0 billion. Equities registered a 30.2% MoM rise to $220.1 million last month and gained 55.1% compared to the previous year. Fixed income instruments brought in $10.7 million registering a 24.4% increased compared…

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Saxo Bank
May 04, 2022 BY Steffy Bogdanova

Saxo Bank FX trading volume falls 17% MoM in April

The daily average in forex trading was stood at $5.7 billion, down from the previous month’s $6.6 billion. However, the number is slightly up from April 2021’s $5.6 billion. Equities registered a 27% MoM drop to $169.10 million last month but it gained 48.1% compared to the previous year. Fixed income instruments brought in $8.6…

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April 05, 2022 BY Steffy Bogdanova

Saxo Bank adds Henrik Andersen to its Board of Directors

Andersen serves as President & CEO of Vestas Wind Systems A/S, a global provider of sustainable energy solutions. He has previously been in the role of Group President & CEO of Hempel A/S and held executive leadership positions in ISS A/S. Andersen has worked for more than a decade in the financial industry during the…

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Redmond Wong joins Saxo Markets as marketing strategist
March 23, 2022 BY Steffy Bogdanova

Saxo Markets hires Redmond Wong as market strategist for HK office

Richard Douglas, CEO of Hong Kong, Saxo Markets, commented: Saxo’s vision is to enable people to fulfill their financial aspirations and make an impact. To achieve that, we're not only offering clients access to more than 60 exchanges globally with over 40,000 instruments covering different asset classes, we're also providing timely, relevant and insightful research…

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Saxo Bank
January 17, 2022 BY Steffy Bogdanova

Saxo Bank introduces fractional amounts for CFD indices

Additionally, Saxo’s most popular Index CFDs including US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average) are tradable for longer. They have been extended by 1 hour and 1 minute. The extension allows traders to allowing traders to react to events which occur both before and after the exchanges open…

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Saxo Bank
December 06, 2021 BY Steffy Bogdanova

Saxo Bank’s FX volumes fall 12% MoM in November

The daily average volume with forex trading in November was $4.5 billion, down 11.8% MoM and 19.6% YoY. The total monthly trading volume with equities dropped to $156.2 billion in November 2021, 9.9% from October’s 173.4.  The numbers were 42% up from November 2020, however. In November, commodities monthly volumes came in at $30.1 billion…

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Saxo Bank
November 22, 2021 BY Steffy Bogdanova

Saxo adds nine Crypto-FX pairs to TradingView

The new additions follow an expansion of Saxo’s offering with 520 stock tickers in October. They included some of the most traded companies from major stock exchanges in Europe and Asia, as well as a range of stocks and single-stock CFDs on US exchanges which have been available since July. Saxo Bank noted that the…

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November 12, 2021 BY Steffy Bogdanova

HSBC and Saxo partner to expand digital investment offerings in Singapore

Adam Reynolds, APAC CEO, Saxo, commented: Singapore will be the first in HSBC to adopt our trading platform, and we are excited to be combining natural synergies from both companies to deliver an enhanced trading and investment experience for HSBC customers. Saxo’s OpenAPI technology provides best-in-class efficiency and scalability investment and trading architecture, while allowing…

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