Fact Box: Saxo Bank

February 20, 2013

Saxo Bank enters Indian market

Saxo Bank has announced its entry into the Indian market to provide trading platform for foreign equities.

About Saxo Bank:
An Online Danish investment bank.
Founded: 1992
Headquarters: Copenhagen, Denmark
Chairman:

Kurt K. Larsen, Chairman

Vice Chairman:

Dennis Malamatinas

CEO:

Kim Fournais

Founder members: Lars Seier Christensen, Kim Fournais and Marc Hauschildt.

1992: Saxo was originally founded as a brokerage firm under the name ‘Midas Fondsmæglerselskab’.
2001: The company obtained a banking license and its name was later changed to “Saxo”.

Services offered:

Trading via an online platform SaxoTrader in Forex, Stocks, CFDs, Futures, Funds and Bonds.
Private Wealth Management services.
The bank provides online trading and investment across global financial markets.
Saxo Bank is well known internationally for its success in Internet brokerage and it has bagged number of awards for the same.