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…
Read moreThe 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…
Read moreThe new tool offering is appealing for longer term trend traders, eliminates roll-over charges Leading European forex and CFD brokerage Saxo Bank has announced that is expanding its offerings with an exotic product – futures spread trading. Starting this week the clients of the firm will be able to trade futures spreads on a variety…
Read moreIn addition he will be a member of the Board Management alongside Saxo’s co-CEO’s Leading European forex and CFD brokerage Saxo Bank has announced that it is aiming to consolidate its organizational structure and strengthen its business with a new appointment of a Global Head of Finance and Risk Operations. Steen Blaafalk is joining the…
Read moreSaxo starts the new year on a flying note, a solid increase appears to be turning the trend A stark rebound in Saxo Bank's volume metrics for the month of January - that's what we are seeing from the company's announcement on their website. Overall monthly volumes were higher than January by almost 30%, totaling…
Read moreMore and more information is getting to clients via distributed social networks. We covered last week the launch of Saxo Bank's social trading platform TradingFloor.com, which was actually a rebranding of Saxo's existing research and information site into a social one. What we found interesting over the following few days was the social media blitz…
Read moreSaxo Bank is morphing its TradingFloor.com research site into a social trading platform Our twitter feed has just presented us with some fresh information surrounding Saxo Bank’s exposure to the social trading environment. According to their social media account the Danish brokerage is transforming its Tradingfloor.com portal into a fully operational copy trading environment. Up…
Read moreSaxo Bank averaged $294B monthly in 2013, but second half of the year was 30% below first half Moderation seems to have been the theme during the second part of the year for most industry players as Saxo Bank released its volume metrics numbers on Friday. The company announced that volumes in the month of…
Read moreWhat is wrong with Saxo Bank? The folks at Saxo Bank picked an interesting time to start publishing their forex trading volumes. After hitting a high of $427 billion in January, Saxo Bank has seen its forex trading volume metrics decline steadily in seven of the following eight months, including the five most recent months…
Read moreSaxo Bank July forex volumes of $273 billion are Saxo's lowest monthly results since last year. LeapRate has learned that forex broker Saxo Bank did $273 billion in volume during July, down 7% from June's $292 billion. After a strong start to 2013 -- Saxo Bank did record volumes of $427 billion in January and…
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