Tag: saxo

saxo bank revenues
March 28, 2023 BY Steffy Bogdanova

Saxo launches managed portfolio suite for Australian investors

Adam Smith, CEO of Saxo Australia, commented: In recent years the appetite for alternative wealth strategies has grown in line with improved access to global capital markets and innovations in technology. More Australians than ever are looking to build diversified portfolios across geographies, and as such are using digital platforms to take control of their…

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Saxo Bank
March 03, 2023 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 4% MoM in February

The average daily volume (ADV) in forex instruments stood at $5.5 billion. The figure grew 5.8% on monthly basis but was 1.8% lower than the previous year, The brokerage firm reported that demand in Equities also fell. The volume in February was $208 billion, falling 5.3% compared to January. On yearly basis, the asset class…

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Saxo Bank
February 10, 2023 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 5% MoM in January

The average daily volume (ADV) in forex instruments stood at $5.2 billion. The figure was the same as last year’s and fell 5.5% on monthly basis. The brokerage firm reported that demand in Equities also fell. The volume in January was $219.7 billion, falling 14% compared to December. On yearly basis, the asset class dropped…

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January 25, 2023 BY Steffy Bogdanova

Saxo UK names James Donovan Global Head of Preferred Broker

In his new role, Donovan will be focused on driving Saxo’s Preferred Broker programme to reach its potential in response to the high level of demand, according to the company. With the Preferred Broker programme, partner clients can enrol their employees onto the platform. Trades are reported to the organisation’s compliance department directly, which ensures…

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December 22, 2022 BY Steffy Bogdanova

Mads Dorf Petersen appointed as Saxo Bank CFO

Having joined the bank in 2009, Mads Dorf Petersen has held various leadership roles within finance including Head of Business Planning and Analysis and Deputy Head of Group Finance. Most recently, he served as Head of Commercial Finance at Saxo. Mads Dorf Petersen, CFO commented: I am excited and proud to take on this role,…

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Saxo Bank
December 06, 2022 BY Steffy Bogdanova

Saxo Bank’s FX volume up 39% YoY in November

The average daily volume (ADV) in forex instruments stood at $6.3 billion. The figure was 3.3% higher on monthly basis and registered a 40% increase compared to November last year. The brokerage firm reported that demand in Equities continued its upward trajectory. The volume in November was $278.9 billion, gaining 8.7% compared to October. On…

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November 11, 2022 BY Steffy Bogdanova

Bank of America’s Simon Camilleri joins Saxo UK as COO

Charles White-Thomson, CEO of Saxo UK, commented: We are delighted to welcome Simon to the team. His depth and breadth of expertise across the trading and technology sectors will undoubtedly help Saxo as we continue on our ambitious growth strategy. We are determined and focussed on providing our clients with the very best opportunities for…

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Saxo Bank
November 03, 2022 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 13% MoM in October

The average daily volume (ADV) in forex instruments stood at $6.1 billion. The figure was 9% lower on monthly basis but 19.6% up compared to October last year. The brokerage firm reported that demand in Equities picked up during last. The volume in October was $ 256.5 billion, gaining 3.5% compared to September. On yearly basis,…

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Saxo Bank
October 10, 2022 BY Steffy Bogdanova

Saxo appoints Mads Dorf Petersen as Interim CFO

Kim Fournais, CEO & Founder, commented: We would like to thank Mette for her contribution to Saxo during the past year. She has helped further develop Global Finance & Legal to become a stronger business partner and enabler of our strategy. We wish Mette the very best in her future endeavours. He added: Mads Dorf…

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