July 23, 2017 8:13 PM ET

Capital Markets

Company Overview of Saxo Bank A/S

Company Overview

Saxo Bank A/S operates as a trading, investment, and technology company worldwide. The company facilitates online trading and investments by providing access to multiple asset classes traded in the global financial markets. It offers a range of assets and products for online trading, including over the counter FX, indices and commodities (CFDs), exchange-traded CFDs, stocks, futures, and options. In addition, the company offers trading platforms, which include SaxoTraderGO, a cross-device platform, which allows to trade on various devices from Saxo account for the mobile traders and investors; and SaxoTrader, a professional desktop platform that allows to trade across multiple screens for th...

Philip Heymans Allé 15

Hellerup,  2900

Denmark

Founded in 1992

1,639 Employees

Phone:

45 39 77 40 00

Key Executives for Saxo Bank A/S

Co-Founder, Chief Executive Officer and Member of Management Board
Group Chief Financial & Risk Officer and Member of the Management Board
Age: 56
Chief Operating Officer and Member of Management Board
Group Regional Head of MENASA and Chief Executive Officer of Saxo Bank (Dubai) Ltd
Chief Executive Officer of Poland Branch
Compensation as of Fiscal Year 2017.

Saxo Bank A/S Key Developments

Saxo Bank Group Reports Earnings Results for the Year 2016

Saxo Bank Group reported earnings results for the year 2016. For the year, the company reported operating income of DKK 2.9 billion up from DKK 2.1 billion in 2015. Net profit was DKK 302.4 million for 2016 compared to a net loss of DKK 645 million for 2015. EBITDA was DKK 845 million against negative EBITDA of DKK 109.4 million a year ago. Adjusted EBITDA was DKK 954.5 million against DKK 864.7 million a year ago.

Saxo Bank Plans to Cut 50 Jobs

Saxo Bank announced that it is planning to cut jobs in streamline its operations, as well as to digitise operations. It is believed that the move will also affect jobs in the UK. The bank is expected to cut 50 jobs across the 1,500-strong group, amounting to 3 % of its workforce.

Saxo Bank A/S Presents at Money20/20 Europe, Jun-26-2017

Saxo Bank A/S Presents at Money20/20 Europe, Jun-26-2017 . Venue: Bella Center Copenhagen, Copenhagen, Denmark. Speakers: Benny Johansen, Senior Director, Head of OpenAPI.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 5, 2017
--
Merger/Acquisition
December 15, 2016
Saxo Capital Markets Agente de Valores S.A.
 

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