Copenhagen based multi asset broker Saxo Bank has announced that it will be raising margin requirements on client accounts over the weekend of the second round of the French Presidential election. While in normal markets most major currency pairs can be traded at Saxo Bank with leverage of 100x (or a 1% margin requirement), next…
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In October 2016, Copenhagen based multi asset broker Saxo Bank launched electronic bond trading for mid-sized institutions and retail investors, covering over 5,000 government and corporate bonds across developed and emerging markets. The idea behind the launch was to make trading of liquid bonds more efficient through a full digital value chain by routing Saxo’s…
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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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Copenhagen based multi asset brokerage Saxo Bank has issued its financial results for 2016, indicating a return to profitability and healthy overall growth in the business. Comparing Saxo Bank's results to 2015 should be taken with a grain of salt, however. The firm's 2015 results were hurt on both the top and bottom lines quite…
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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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Donald Trump's first address to Congress last night was expected to inject more volatility into the markets. However he was beaten to the punch by New York Fed President William Dudley, who said in an interview shortly before the US President's speech that he sees a Fed rate hike in the 'relatively near future' - sending…
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The Euro is suffering as Marine Le Pen basks in promising poll results, but will the polls be accurately reflected in the ballot box?
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Banking Circle Virtual IBAN eliminates the need for multiple bank accounts in multiple countries and currencies Saxo Payments, a subsidiary that Saxo Bank established in 2013, just announced that is launching Banking Circle Virtual IBAN. Delivering full transparency and faster settlement on payments and transfers, Banking Circle Virtual IBAN is a proposition, giving FX and Payments…
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ICICI Securities Ltd, a subsidiary of ICICI Bank and India’s integrated financial services firm and Copenhagen based multi asset broker Saxo Bank, just announced a strategic partnership to offer Saxo’s trading and investment capabilities via a digital platform to Indian Investors. The partnership will enable ICICI Securities’ 4 million clients on ICICIdirect.com, India’s investment portal,…
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Nasdaq Commodities and Saxo Bank have announced a collaboration to offer small and medium sized companies (SME) in the Nordic region direct access to Nordic Power futures on Saxo’s fully integrated trading and risk management platform. The addition of Nasdaq Nordic power products on SaxoTraderGO, offers Saxo’s clients access to a liquid product at the…
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