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October 13, 2015 5:36 PM ET

Capital Markets

Company Overview of Saxo Bank A/S

Company Overview

Saxo Bank A/S operates as an online trading and investment specialist company. It offers a range of assets and products for online trading, including FX, equities, commodities, energy, precious metals, exchange traded funds, etc. The company also provides offline trading in a range of fixed income products, such as sovereign, government, corporate, and mortgage bonds. In addition, it offers trading platforms, which include SaxoTrader, an online trading platform that allows investors to trade multiple asset classes from a single account; SaxoWebTrader, a browser-based trading platform, which allows individuals to trade various asset classes; and SaxoTrader App for iPad, iPhone, and Android ph...

Philip Heymans Allé 15

Hellerup,  2900


Founded in 1992

1,489 Employees


45 39 77 40 00


45 39 77 42 00

Key Executives for Saxo Bank A/S

Co-Founder, Co-Chief Executive Officer and Member of the Management Board
Co-Founder, Co-Chief Executive Officer and Member of the Management Board
Group Chief Financial & Risk Officer and Member of the Management Board
Age: 54
Executive Director of Private Wealth Management and Chief Executive Officer of Switzerland
Group Regional Head of MENASA and Chief Executive Officer of Saxo Bank (Dubai) Ltd
Compensation as of Fiscal Year 2015.

Saxo Bank A/S Key Developments

Saxo Bank Appoints Søren Kyhl as Chief Operating Officer and Member of the Management Board, Effective January 1, 2016

Saxo Bank announced the appointment of Søren Kyhl as Chief Operating Officer (COO) and member of the Management Board effective from January 1, 2016. His appointment will further strengthen the organisation and streamline the bank's digital and operational value chain. In this newly created role, Søren Kyhl will assume responsibility for daily operations and execution including overseeing the bank's digital experience, marketing, data science and Saxo Privatbank. He joins Saxo Bank with significant senior experience most recently as Head of Transaction Banking and COO in C&I (Corporates and Institutions) at Danske Bank.

Saxo Bank Launches SaxoTraderGO, a New Multi-Asset Trading Platform for Retail Traders and Investors Across the Middle East

Saxo Bank launched a new multi-asset trading platform for retail traders and investors across the Middle East – SaxoTraderGO. The regional roll-out follows the launch of the platform to European customers last month, with Saxo clients in APAC and Latin America also due to receive access this month. Built with a focus on functionality, SaxoTraderGO aims to support seamless user journey between Web, Android and iOS devices. The development of SaxoTraderGO sprung from the demand brought to light by a survey of nearly 3,000 Saxo clients globally who stated that maintaining platform performance and functionality when switching between different devices is a key priority for them. The demand indicates a noticeable shift in the behaviour of retail traders who are now looking at the choice of platform not simply as a means for trading, but as something that makes a difference to their performance. Further findings of the survey also revealed Saxo’s Middle East clients prioritised a fast execution platform, as well as trust and reliability of the final product. SaxoTraderGO has been developed in HTML5 and features open APIs, which allow for developers to add additional security components – on top of the existing two-factor authentication options – to the platform. The API ensures a unified client experience across devices and platform services such as content, trading and account services. Through the platform, Saxo clients can also see their account history, manage data subscriptions and view price alerts. Later this year, Saxo plans to make the same API available to other financial institutions and external developers.

Saxo Bank Hires Anthony James as Co-Head for Prime Unit

Saxo Bank has announced that it has hired a co-head for it's prime unit. The firm has hired Anthony James in London. He was most recently global business manager in prime finance product development at HSBC Holdings. He will help the bank to build securities lending in it's prime services team.

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