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About 800 results for "saxo bank"

Saxo Bank increases margin requirements on series of instruments

The Wall Street Journal: Saxo Bank increases margin requiremen...

Retail brokerage Saxo Bank Group told clients it would increase margin requirements for a wider range of currencies as volatility in foreign exchange markets rises and worries over sudden moves in managed currencies mount. 4., will raise the amount ... Austin American Statesman, 3 days ago

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FOREX: Cyprus firms lose €43m, Saxo Bank sheds $107m

Cypriot investment firms lost 42.5 mln euros after the Swiss National Bank decision to remove its cap on the Swiss franc's exchange rate with the euro, causing a surge in the Swiss currency. Demetra Kaloyirou, Chairman of the Cyprus Securities and ...
 Financial Mirror3 days ago Schweizerische Nationalbank : FOREX: Cyprus firms lose 43m, Saxo Bank sheds $107m  4 Traders3 days ago

Saxo Bank says could lose up to $107 mln on SNB shock

COPENHAGEN, Jan 26 (Reuters) - Denmark's Saxo Bank faces potential losses of up to $107 million as a result of the Swiss National Bank's (SNB) decision to end its currency cap against the euro, the bank said in a statement late on Friday. A number ...
 Reuters via Yahoo!6 days ago Breaking: Saxo Bank Remains Well Capitalized, Albeit Facing up to $107 Million Losses  Forex Magnates1 week ago

Saxo Bank faces £70m Swiss losses

The Danish bank Saxo has admitted that it faces potential losses of more than £70m following the Swiss central bank's decision to allow its currency to float freely against the euro. Saxo, which specialises in currency trading, said it was in ...
 BBC1 week ago Former Saxo Bank Senior executive Morten Fillipsen founds Asia-centric Juno Markets  LeapRate1 week ago Saxo Bank customers lose big on Swiss franc uncertainty  Copenhagen Post1 week ago Saxo Bank faces 70m Swiss losses  Austin American Statesman1 week ago

Saxo Faces Lawsuits After Repricing Franc Trades Retroactively

(Bloomberg) -- Saxo Bank A/S says it's bracing itself for lawsuits from some clients who are unhappy with its efforts to have them cover losses on their Swiss franc accounts after the bank repriced trades retroactively. The Danish bank set a Jan.
 La Repubblica5 days ago Saxo Faces Legal Battles as Clients Told to Cover Franc Losses  GARP6 days ago Saxo Faces Lawsuits for Repricing Franc Trades Retroactively  Washington Post5 days ago Saxo Faces Legal Battles With Clients After Franc Shock  Bloomberg5 days ago

Saxo Faces Legal Fight as Clients Told to Cover Franc Losses

(Updates with volatility gauge in fifth paragraph.) The Danish bank set a Jan. 23 deadline for clients to respond to its estimates of how much theyd lost trading francs using borrowed funds. Saxo says talks with institutional and retail customers ...
 La Repubblica5 days ago
Zero Hedge

Swiss Turmoil Spreading in Europe as Saxo, Credit Suisse Hurt

Credit Suisse Group AG (CSGN) and Saxo Bank A/S joined the list of European financial companies warning that the abrupt end to the cap on the Swiss franc may hurt their earnings. Credit Suisse, Switzerland 's second-biggest bank, indicated Monday ...
 Bloomberg1 week ago How The Swiss National Bank Almost Crushed George Soros  Zero Hedge1 week ago Swiss Franc Yield Curve Negative for 12 Years;  HoweStreet.com4 days ago The Swiss National Bank's Decision Was Like A 'Nuclear Explosion'  Yahoo! Finance1 week ago

Saxo Bank Girds for Volatility Surge as ECB, Greek Vote Loom

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 string of ...
 Yahoo! Finance1 week ago Saxo Bank Girds for Extreme Volatility as ECB, Greek Vote Loom  Bloomberg1 week ago

Saxo CFO Says He Saw SNB Shock Coming in Lop-Sided Franc Market

(Bloomberg) -- Danish currency trader Saxo Bank A/S, stung by losses from the abrupt end to the cap on the Swiss franc, said there were signs late last year things might end badly. We did see this coming, Steen Blaafalk, chief financial officer, ...
 Washington Post1 week ago

Saxo fulfills regulatory capital requirements

SAXO Bank and its subsidiaries are well positioned financially to conduct their ongoing businesses globally despite the recent volatile Swiss franc currency movements. Saxo Bank A/S is a European regulated bank and meets the regulatory capital ...
 Saudi Gazette1 week ago Saxo Bank Says Clients Franc Losses Won't Imperil Capital Level  BusinessWeek1 week ago
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