A global online investment bank
Saxo Bank is a global investment bank specialising in online trading and investment across the international financial markets. Saxo Bank enables private investors and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via multi-award winning online trading platforms, as well as offering professional portfolio and fund management.
From the start, Saxo Bank has emphasised technology as a vital element for being competitive in the online trading industry. With clients worldwide, Saxo Bank is recognised for excellence in service and technology. Safeguarding client information and securely controlling, executing and managing real-time internal systems is of utmost importance to the Bank. A significant team of experienced IT professionals works diligently to firmly secure all of Saxo Bank’s information and operating systems.
Since 1992, Saxo Bank has been a facilitator in the global capital markets aggregating liquidity, offering access to exchanges around the world and providing its powerful suite of products and platforms to private clients, institutions, banks and brokerages.
A fully licensed and regulated European bank, Saxo Bank supports a global base of individual retail clients, corporations and financial institutions from its headquarters in Denmark and numerous regional offices. Since receiving European bank status in June 2001, Saxo Bank has rapidly become a leading presence in online trading thanks to its superior client service, competitive pricing and focus on the development of industry-leading trading platforms.
Successfully meeting investor needs with flexible, reliable trading platforms
Designed to meet the varying needs and demands of the modern financial investor and trader – whether an experienced or new to the markets – Saxo Bank has developed four specialised and integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the phone-based SaxoMobileTrader.
As well as providing flexible access across three integrated platforms to private clients, Saxo Bank has a dedicated institutional business, where creating mutually rewarding relationships is of central importance. Saxo Bank’s platforms are offered to Introducing Brokers and financial institutions, as well as through its White Labelling business. This involves online trading platforms being customised and branded for other financial institutions and brokers, while Saxo Bank also provides a variety of professional trading and settlement services through its highly flexible online trading technology.
Saxo Bank’s technology offering and commitment to personal relationship management means clients have access to a superior tailor-made investment consultancy. Saxo Bank’s personalised private wealth management services for example, offer the modern, internationally-focused investor intelligent, trustworthy advice and solutions normally reserved for a very limited number of investors.
Saxo Bank’s financial expertise is derived from specialised, multinational staff of well over a thousand employees, who are dedicated to serving a client base spread across almost 200 countries. To best serve clients, Saxo Bank’s headquarters in Copenhagen, which includes a large IT team, is backed up by operating offices in London, Geneva, Zurich, Milan, Prague, Dubai, Singapore and Tokyo and a representative office in Beijing.
Global Expansion
An integral component of Saxo Bank’s overall business growth and development strategy is to expand to parts of the world where commercial rationale supports the business case. As part of its roadmap for international expansion, Saxo Bank extended its physical presence overseas by opening Saxo Bank London in London’s financial district in March 2006, and with the opening of Saxo Bank subsidiary, Saxo Capital Markets Pte. Ltd., in Singapore during August of the same year. Saxo Capital Markets offers local trading expertise and services to Saxo Bank’s Asian market.
Saxo Bank further expanded its global offerings in February 2008 when Saxo Bank (Switzerland) SA was created following the acquisition of Synthesis Bank by Saxo Bank Group. Saxo Bank’s acquisition of Synthesis Bank marked a new milestone for Saxo Bank in its rapid global expansion. The combined forces of Synthesis, one of the best known and most competitive online banks in Switzerland, and Saxo Bank, a pioneer and global leader in online investment, have made for a powerful mix for clients, employees and shareholders.
Japan is the second largest economy in the world and the world’s third largest FX country. Therefore, it was a natural destination for Saxo Bank’s most recent office which opened in Tokyo in June 2008. Major increases in technologically-savvy investors in the Japanese financial market helped stimulate the decision to create Saxo Bank Japan K. K. Working closely with Saxo Capital Markets Pte. Ltd. in Singapore, Saxo Bank Japan K.K. supports a growing White Label presence in Japan.
In Autumn 2008, Saxo Bank announced the launch of Saxo Banque France and the addition of a new office in Paris. The announcement came following the acquisition of the French institutional client and online brokerage, Cambiste, in May 2008. In early 2009, Saxo Bank officially extended its physical presence into Italy with the opening of its Milan office. The opening of the Milan office was a strategic move by Saxo Bank to strengthen and expand its position as a leading FX provider in Southern Europe and to offer local clients a better level of service and financial market education.