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Nalezeno "Saxo Bank": 27

SAXO Bank big move: Lower fees for Australian and US market trades

16.1.2024
SAXO Bank, the online investment and trading platform, is one of the leaders of the said industry. It was founded in 1992, and since then, if anything has remained rock-solid, it is the image of the company. Services and products have constantly been enhanced to meet the needs of traders across...

Retail broker Saxo Bank profitability rose in 2023

5.12.2023
Saxo Bank Group, Saxo Hong Kong’s parent company, recently released its financial results for H1 2023, projecting a spectacular performance amidst an otherwise challenging market scenario. Saxo Bank Group reported a profitability increase of $75 million, marking a considerable increase of around...

Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets

5.7.2023
Denmark’s Financial Supervisory Authority (FSA) has directed Saxo Bank, a Copenhagen-based multi-asset broker, to dump its cryptocurrency holdings. The bank’s trading in crypto assets for its own account is found to be “outside the legal business area of financial institutions,” the regulator...

Saxo Bank releases its figures for May 2023

8.6.2023
Forex volume was at its lowest in March 2023. Now there is a jump, per the report for May 2023. The figure stands at $130.5 billion at a recovery rate of 27%. Monthly volume was at a daily average of $5.7 billion, for a 12% gain. As impressive as it sounds, there is still some …

Saxo Bank’s March 2023 Report Shatters Records: Best Month Since 2020!

6.4.2023
Saxo Bank has published its report for March 2023, revealing that it has been the best month since March 2020. Not just March 2020, but it turns out that the numbers have been good in comparison to the previous few months as well. Foreign exchange volume was on the lower side till February 2023....

Guotai Junan partners with Saxo Bank for Southeast Asia expansion

28.2.2023
According to a statement made by Saxo Bank, it has now collaborated with Guotai Junan in a strategic partnership that will help the latter further its expansion in the South-East Asian region. The strategic arrangement is timely for Guotai Junan since the comprehensive financial services provider...

Saxo Bank December 2022 Report

4.1.2023
Saxo Bank released its monthly report, which shows the daily average of FX, commodities, Equities, and monthly volume. The list shows a decrease in FX – Daily average and monthly volume compared to the previous month’s figures. It dropped to $5.5 in December from $6.3 in November 2022, which...

FX volume declines for Saxo Bank in october 2022

2.12.2022
Saxo Bank has published its monthly figures, with an average daily volume of FX and commodities business at the center. The FX average daily volume witnessed a drop in October in comparison to September 2022. The figure stood at $6.1 billion, down by 9% from the value of $6.7 billion in September...

Saxo Bank’s avg. FX volume sees a monthly gradual fall

4.11.2022
The currency market plays hide & seek, especially in October 2022. Saxo Bank reported a lower figure with larger disappointment in its Commodities section. The month-over-Month figure for average FX volume is 9%, down to $6.1 billion for October 2022. On the other hand, September 2022 painted...

Nasdaq to Terminate Its Services in Russia, Quotes Saxo Bank

26.4.2022
Saxo Bank, established in 1992, has its headquarters established in Denmark. Saxo Bank is an investment bank that facilitates its users to create high-earning investment profiles through online trading. The investment bank enables equal trading opportunities for both short-term and long-term...

FX Trading Volume Rises for Saxo Bank, as Equity Trading Falls

6.4.2022
Reasons for FX could be regular commerce or tourism. Foreign Exchange trading has turned out to be the most liquid and the largest asset market globally. The rule under FX trading is simple. A trader tracks the development of different nations and trades the respective pair. For example, EUR/USD...

Saxo Bank Ensures Platform Compliance in the Face of FSA Warning

31.3.2022
Saxo Bank, a broker, based in Denmark, put out a statement on Wednesday stating that its platform is completely compliant with European regulatory standards. It also has safeguards in place for transaction reportage. It provides a variety of online trading services to retail and institutional...

Saxo Bank Shows Growth in Client Count While Profits Remain Marginal

25.2.2022
The annual financial reports for the Denmark-based Saxo Bank came in earlier this week. While the bank scored less exceptionally in terms of profits, the phenomenal growth in client count makes up for the moderate performance. Compared to the previous year’s revenue of 750 million Danish...

Saxo Bank Forex Trading Volume Rises by 21%

4.2.2022
As the first month of 2022 passed very quickly, firms were eager to show their performance for the first month. The Denmark-based investment bank, Saxo, has posted some positive statistics for January. It appears that the bank has recovered from the dips it experienced as it was closing last year....

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