12 quick facts about Saxo Bank
- Established 1992, Saxo Bank has provided a powerful suite of products and platforms to give private clients, partners, institutions, banks and brokers instant and reliable access to the global financial markets.
- Saxo Bank has its headquarters in Copenhagen, Denmark. This central office is backed up by operating offices in London, Paris, Geneva, Zurich, Singapore, Tokyo, Dubai, Amsterdam, Prague and Marbella and a representative office in Beijing and Australia.
- In 2007, Saxo Bank announced the friendly acquisition of Swiss Synthesis Bank, which has now become Saxo Bank Switzerland. This was followed by the launch of Saxo Banque France and a new Paris office in 2008, and then the opening of the Milan office in early 2009.
- Saxo Bank has developed three specialised trading platforms: the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader, a mobile phone trading platform. All platforms are fully integrated under one account. The platforms are available in over 20 languages.
- A fully licensed and regulated European investment bank, Saxo Bank gives its global base of individual retail clients access to over 155 FX crosses (incl. Gold and Silver), as well as portfolio and fund management solutions for the professional investor.
- Aggregating liquidity from more than 10 Tier-1 providers, Saxo Bank offers access to excellent market liquidity across asset classes and global exchanges combined with front-end data and sophisticated risk analytics.
- Saxo Bank has a dedicated institutional business, where creating partnerships is of central importance. Saxo Bank’s platforms are offered to Introducing Brokers and financial institutions, as well as being rebranded and customised for its White Labelling business.
- All trading platforms are developed internally, underlining Saxo Bank’s focus on technology and IT. Saxo Bank continues to be a pioneer in this area, recently launching an algorithmic trading application, TradeCommander, for traders keen to develop strategies, back-test them, and trade accordingly.
- Saxo Bank’s financial expertise is derived from a specialised, multinational staff of well over a thousand employees, who are dedicated to serving a client base spread across almost 180 countries.
- Clients can access market research and analysis from Saxo Bank’s Strategy Team as well as renowned external sources. This information is supplemented by streamed newsfeeds from providers such as Dow Jones Newswire and Market News International.
- Saxo Bank has consistently won key accolades from the industry’s leading publications, such as FX Week, Euromoney, Profit & Loss and World Finance. In 2008 for instance, Saxo Bank received the Best Retail Platform award from Profit & Loss magazine and, for the fourth year in a row, from FX Week.
- Saxo Bank is a proud sponsor of the Tour de France winning team, Team Saxo Bank.
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