Back ساكسو بنك Arabic Saxo Bank Czech Saxo Bank Danish Saxo Bank German Saxo Bank Basque ساکسو بانک Persian Saxo Bank Finnish Saxo Bank French Saxo Bank Hungarian Saxo Bank Italian
 | |
| Company type | Private |
|---|---|
| Industry | Brokerage firm, banking, trading, investment fintech |
| Founded | 1992 |
| Founder | Kim Fournais Lars Seier Christensen Mark Anthony Hauschildt  |
| Headquarters | Copenhagen, Denmark |
Key people | Lone Fønss Schrøder, Chairman (Chairman) Henrik Normann (Vice-Chairman) Kim Fournais (CEO & Founder) Lars Seier Christensen (Founder) |
| Products | Investment Banking, trading platforms, online trading and investment |
 DKK 4.48 billion (2023)[1] | |
 DKK 653 million (2023)[1] | |
| Total assets | DKK 745 billion (2023)[1] |
| Total equity | DKK 6.4 billion (2023)[1] |
Number of employees | 2,224 (2020) |
| Website | www |
Saxo Bank is a Danish investment bank specializing in online trading and investment. Established in 1992 as a brokerage firm under the name Midas Fondsmæglerselskab (English: Midas Stockbroker Company) by Lars Seier Christensen and Kim Fournais, the company rebranded as Saxo Bank in 2001 upon obtaining its banking license. The bank provides access to a broad range of financial instruments, including Forex, stocks, CFDs, futures, funds, bonds, and futures spreads, through its proprietary online trading platforms.
Saxo Bank is headquartered in Copenhagen and operates through offices in financial centres such as London, Paris, Zürich, Dubai, Singapore, India, and Tokyo.
Saxo Bank A/S is privately owned. As of December 2024, its majority shareholder is Geely Financials Denmark A/S, a subsidiary of the Chinese Geely Group, holding a 49.88% stake.
In 2023, Saxo Bank reported an operating income of DKK 4.48 billion and surpassed a milestone of one million clients worldwide.[2][1] The bank's average daily trading turnover is estimated at US$17.7 billion.[3]
- ^ a b c d e Shome, Arnab (1 March 2024). "Breaking: Saxo Bank's 2023 Profit Dips 8.1% despite Revenue Rise". Finance Magnates. Retrieved 11 December 2024.
- ^ Kirui, Jared (14 September 2023). "Saxo Bank's H1 2023 Profit Soars 34% despite Low Trading Activity". Finance Magnates. Retrieved 11 December 2024.
- ^ Fatih, Abdelaziz (3 August 2023). "Saxo Bank flat FX turnover as total volumes stagnate in July". Finance Feeds. Retrieved 11 December 2024.