Saxo Financial institution witnessed a decline in overseas trade (foreign exchange) buying and selling in July because the month-to-month quantity declined to billion, in comparison with billion within the earlier That was a month-over-month decline of
Saxo
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Regulation
Denmark’s FSA Orders Saxo Financial institution to Dump Crypto Holdings
by Jeremyby JeremyDenmark’s monetary markets supervisor has demanded that Saxo Financial institution dump its cryptocurrency The Danish Monetary Supervisory Authority (FSA) acknowledged this in a press release launched at this time (Wednesday), noting that the multi-asset dealer’s buying and selling in…
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Regulation
Saxo Financial institution Sells Stake in RegTech Agency to Majority Proprietor Geely Group
by Jeremyby JeremySaxo Financial institution has offered its stake within the regulatory expertise (RegTech) platform, Saxo Fintech, to its largest shareholder, China-based Geely Holding Group, in a significant transfer focused at “strengthening its give attention to core enterprise and The Danish…
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Regulation
Saxo Turns into a ‘Systematically Essential’ Danish Financial institution
by Jeremyby JeremySaxo Financial institution introduced right now (Monday) that it has been formally designated as a Systemically Essential Monetary Establishment (SIFI) by the Danish Monetary Supervisory Authority Saxo has turn into Denmark’s ninth such The SIFIs are Danish firms…
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Regulation
Saxo Financial institution’s FX Quantity Springs 27% to $130.5B in Could
by Jeremyby JeremyAfter posting its lowest foreign exchange quantity since December 2021 in April, Saxo Financial institution in Could noticed a 27% restoration with month-to-month quantity reaching The Copenhagen-based retail FX and CFDs brokerage disclosed these figures in its buying…
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Regulation
Saxo Financial institution’s Consumer Property Surpass $100b, Quintuple in 5Y
by Jeremyby JeremySaxo Financial institution, a world monetary service supplier, has introduced that it has amassed over $100 billion in This growth marks a major milestone within the financial institution’s historical past, indicating its shopper deposits and numbers This development…
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Saxo Capital Markets (Australia) Restricted has change into the newest goal of the Australian Securities & Investments Fee (ASIC) for deficiencies within the dealer’s goal market determinations (TMDs) of some contracts for variations (CFDs) Initially, the Aussie regulator issued…
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Regulation
Saxo Financial institution’s FX Quantity All the way down to Lowest since Dec 2021
by Jeremyby JeremySaxo Financial institution launched its buying and selling metrics for April on Wednesday, reporting its lowest month-to-month foreign exchange quantity since December 2021 when it posted The overall foreign exchange quantity of the Copenhagen-based retail FX and CFDs…