Tag Archives: saxo

Saxo Bank Monthly Volumes Down 5% in September, As Clients’ Deposits Level Rise

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Traders’ Risk Aversion? The Copenhagen based Danish bank announces September average daily trading volumes and monthly total trading volumes both lower than August, while the amount of customer assets grows.
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Energy Trading Soars at CME and ICE as the Middle East Heightens Volatility

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CME and ICE, two of the world’s largest derivatives trading venues have both hit new records this week in their benchmark oil contracts. The rise in volumes comes on the back of uncertainty in the middle east.
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First Play Then Trade – JSE Launches Virtual Trading Game

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South Africa’s main financial trading bourse, the Johannesburg Stock Exchange has launched a new trading game in an attempt to lure non-traditional investors to enter the world of share trading.
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Saxo Bank Finally Launches MT4 Directly To its Clients, Called SaxoMT4

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Saxo Bank finally integrated and launched MT4 for its users – the process took almost two years. It was clear since the partial acquisition of Leverate that Saxo will be looking to offer MT4 to its clients however the bank …
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Saxo Bank shuts down forextrading’s offices in Israel and Hong Kong, internal consolidation continues

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Only yesterday we announced that Saxo Bank is letting go of 250+ employees as it cuts down costs preparing for the tough times ahead. Today we learned that as part of this move forextrading is shutting down the Israel and …
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OANDA pauses trading next Sunday – worried about Greek elections

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It seems brokers worldwide are very concerned with the outcome of the Greek elections taking place this coming Sunday, June 17th. Yesterday Saxo Bank announced that it’s doubling the required margin for the CHF currency. The concern is that Greek …
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Saxo Bank appoints new Chairman – Dennis Malamatinas

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Saxo Bank, the online trading and investment specialist, announced today, after its board meeting, the Bank’s new Chairman of the Board. Dennis Malamatinas, currently Deputy Chairman of the Board, takes over from Kurt K. Larsen who has been chairman since …
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Saxo Bank officially enters Turkey, acquires Değer Menkul Değerler

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As we reported back in March 2012 Saxo Bank marked Turkey as one of its most important targets on its expansion plans. Lars Seier Christensen, Saxo Bank’s co-founder and co-CEO, was in Istanbul to announce the opening of the local branch …
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Saxo Bank to open up in Turkey (may have acquired a local broker)

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Saxo Bank is again in offices opening frenzy. After opening an office in Cyprus (through forextrading.com its independent subsidiary), opening in Australia and opening in South Africa, Saxo Bank marks Turkey as the next key location on its expansion agenda. …
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Saxo relaunches forextrading.com as separate entity geared towards retail MT4 forex traders

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In June 2011 Saxo Bank launched forextrading.com as a retail alternative to its more high end regular offering. For instance Saxo’s minimum account size is $10,000 while forextrading allowed opening accounts from $2000. In a market where many brokers offer …
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Digital Currencies

Executive Moves

Startups & New products

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“Meet The Experts” Announces Its Newest Contributor And Bitcoin Specialist, Antony Lewis

Forex Magnates’ “Meet the Experts” platform is pleased to announce its newest contributing expert, Antony Lewis, head of Business Development at Bitcoin exchange itBit, specializing...

Coinomat Launch Digital Currency Withdrawal Service to Visa & Mastercard

Cryptocurrency exchange service Coinomat are now supporting crypto coin withdrawals, allowing customers to transfer them to their Visa or Mastercard debit cards. Launched back in November...

NMC/USD Technical Analysis – 18th April 2014

Namecoin experiences massive gains from the 13th through till the 15th, more than doubling in value in barely a couple of days, but a powerful...

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Lloyds’ Global Head Of Spot Forex, Darren Coote Resigns

Darren Coote, the Global Head of Spot Foreign Exchange at Lloyds Banking Group Plc. has resigned from his position for personal reasons, leaving a notable...

Max Hayden

BCS Appoints Ex-BofA Merrill Lynch MD Max Hayden as Head of Business Development

The latest person to head BCS Financial Group's new business development efforts brings a nearly 30 year career holding senior roles in financial services including...

tomgav

Pete Sinisgalli Appointed New CEO at Eze Software Group, Succeeding Tom Gavin

Eze Software Group, a global provider of investment technology across all asset-classes, has announced the appointment of Pete Sinisgalli as its new CEO, succeeding Tom...

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New Product Spotlight

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IG Markets the Latest Broker to Launch Web TV After Dukascopy and Saxo TV

Former Bloomberg and BBC presenters Jeremy Naylor and Sara Walker, will be the faces behind IG’s newest marketing initiative as it challenges other well known players in the field of broker-run web TV.
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OANDA Launches Retail FX Tools Marketplace, Forex Magnates Reviews

OANDA opens a Marketplace featuring apps, training, and MT4 plugins developed by the broker and its partners to provide its clients with vetted tools and services. Forex Magnates reviewed the new offering.
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