Saxo Bank Girds for Volatility Surge as ECB, Greek Vote Loom
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Saxo Bank A/S, a Danish currency trader that’s still trying to digest losses on the Swiss franc, says investors need to gird for more of the same.
The Swiss National Bank’s decision to abandon its euro peg was just the first in a series of events that threaten to destabilize markets, Steen Blaafalk, Saxo’s chief financial officer, said in an e-mailed response to questions.