Tag Archives: saxo

FXCM scores another East European client: Patria Forex


FXCM and Saxo have been battling it out for the European dominance in the past few years, more increasingly in 2009. Saxo’s battle is lost, if you ask me, despite opening a few Eastern European offices lately. Not only the …
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Saxo Bank expands in the Nordic region


“Canary Wharf, London (PRWEB) December 6, 2009 — Saxo Bank, the specialist in online trading and investment, has announced that it has entered into a definitive agreement to acquire E*TRADE International’s local Nordic online trading business and online bank from …
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Saxo Bank acquires a software provider; to step up platforms development


Saxo Bank announced that it has acquired a 40% stake in Initto, an IT services provider with offices in India and Ukraine to speed up the development of its trading systems. I guess this means that Saxo Bank is finally …
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FXCM takes initiative as TradeCommander comes to a halt


Recently, I posted an article outlining the disappointing news that Saxo Bank won’t be suppoting their TradeCommander autotrading software any longer. This didn’t pass by FXCM without them noticing, and they’ve now decided to capitalise on this. As a result …
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Saxo pull the plug on TradeCommander


On 1 October 2009 TradeCommander will be suspended indefinitely and removed from Live and Simulation SaxoTrader platforms. Quoting Saxo, “At 0800 GMT (1000 CET) on 1 October, all running systems will be stopped. Therefore Clients with active trading systems should …
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OANDA opens a Dubai office, follows FXCM and Saxo Bank


I wrote about the importance of presence in Dubai a few months ago. FXCM and Saxo Bank have opened offices there a few months ago and it seems that every broker that intends to grow its business it looking in …
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21.08.2009 – Forex Magnates weekly roundup: Saxo, Alpari, Easy Forex, IBFX and more


Saxo Bank’s profit tumbles 66%, assets grow by 2% The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) today announced that the two regulatory agencies will hold joint meetings to seek input from the public on harmonization of …
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Saxo Bank's profit tumbles 66%, assets grow by 2%


Saxo Bank just reported its financial results for the first half of 2009, profits are down, assets are up amid lower trading volumes. At the bottom line Net Profit tumbled 66% from 120,921,000 DKK in the first half of 2008 …
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Monthly Retail Forex Volume report for July, 2009 – $118 billion daily traded volume


This month, like every month, I’m releasing a monthly online retail Forex volume survey. The report I released in May estimated the total daily volume at over $105B. June’s report estimated the volume at $128B, the increase was mainly due to …
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2009-07-30: Forex Magnates Daily Updates – Saxo, Gain, FXall, ICAP, Strategy Runner


Strategy Runner Ltd, the pioneer and leader in advanced trading solutions for active, professional traders, announced today that they are now fully-supported by Advantage Futures, the pre-eminent clearing firm for demanding professional and institutional traders. It also announces the launch of …
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Digital Currencies

Executive Moves

Startups & New products


“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...

PPC/USD Technical Analysis – 17th April 2014

Peercoin is displaying a classic sine wave motion, as consolidation takes hold. The bulls and the bears are fighting for supremacy, and I can tell...

“Cointalks Dubai” – First Major Bitcoin Conference to be Held in Middle East

On Monday, 21st of April 2014, a seminar meet expo meet conference will take place in the United Arab Emiates, Dubai at the Impact Business...

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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...


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

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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BT Prime Extends Emerging Markets Push, Adds Thai Baht Liquidity

EM offerings are taking the stage this year, as after increased offerings of Chinese Yuan trading, we are now getting an announcement that one of the leading FX liquidity providers adds the Thai Baht.
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