Saxo Bank Launches FX Service To Japanese Investors

Anonymous User | Login

Saxo Bank Launches FX Service To Japanese Investors

Published: 01-Jul-2009

Saxo Bank FX’s client funds will be held in a separate trust bank account

Saxo Bank A/S, a global online trading and investment bank, has launched FX service in Japan following the the acquisition of Astmax FX Co. The purchase is approved by relevant regulatory bodies in Denmark and Japan.

The bank has reported that the acquisition and renaming of Astmax FX to Saxo Bank FX KK allows Saxo Bank to offer FX related products to the Japanese retail market under the Type 1 Financial Instrument Dealer license with the Japanese Financial Services Agency.

Wataru Kojima, Representative Director of Saxo Bank FX, said: “With Saxo Bank FX, investors will have access to over 155 FX crosses, state-of-the-art charting and analysis tools.”

Kim Fournais, co-CEO of Saxo Bank, said: “The decision to offer FX services to Japanese retail investors gives Saxo Bank a stronger foothold into the Japanese market.

No items to display

Network Sites

Asset Management Banking Technology BPO & Outsourcing Cards Commercial Banking ECNs and Exchanges Online Banking Payments Retail Banking Risk Management Security

Mail sent successfully

Tell your friend about this article

Please enter a valid email address

Please enter your name

Please enter the mail body

Your Name: *

Your Email: *

Friend's Email: *

Email Body: *: I thought you would be interested in this article : http://www.banking-business-review.com/news/saxo_bank_launches_fx_service_to_japanese_investors_090701/

Suppliers To This Sector

Browse A-Z

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Advent Software

Investment Management Applications ...

Cryptomathic

Security Solutions for Businesses ...

Sterling Commerce

Software for Business Collaboration Networks ...

Agnitio

Voice Biometrics for Enterprise Security ...

Turku

A Superb Location for Doing Business in Northern Europe ...

Crossing-Tech™

Banking Application Integration and Urbanisation ...

White Papers

Browse A-Z

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Related Companies

No items to display

Suppliers Product News

Munder Capital Turns to Advent Portfolio Exchange for Fixed-Income Capabilities

Advent Software, a leading provider of software and services for the global investment management industry, today announced that asset management firm, Munder Capital Management, has implemented Advent Portfolio Exchange® (APX). APX is Advent's industry-leading portfolio and client management platform. Based in Birmingham, Michigan, Munder has $21 billion in assets under management as of December 31, 2008.

Advent Software Expands Client Base in Middle East

Advent Software, a leading provider of software and services for the global investment management industry, today announced that the total number of clients in the Middle East region has exceeded 30, further demonstrating its growth and commitment to developing a strong business presence in the region.

Private Capital Management Streamlines Operations with Advent's Trading and Compliance Suite

Advent Software, a leading provider of software and services for the global investment management industry, today announced that Private Capital Management (PCM) has implemented its trading and compliance suite, comprised of Moxy® and Advent Rules Manager®.

Cards Off Selects Sterling Commerce Solution to Combat Online Fraud and Ensure a Secure Order to Delivery Process

Sterling Commerce, an AT&T Inc (NYSE:T) company, today announced that Cards Off, an online payment-transaction provider, has selected Sterling Multi-Enterprise Finance Gateway to provide consumers and retailers with secure end-to-end online transactions, from order to delivery.

Capita Life and Pensions Services Selects Sterling Commerce for Flexible Integration and Process Automation

Sterling Commerce, an AT&T Inc (NYSE: T) company, today announced that Capita Life and Pensions Services has selected Sterling Integrator, a flexible integration platform, to integrate partners and systems and to automate manual information technology (IT) and business processes inside and outside the enterprise.

HJ Heinz Implements Sterling Commerce Solutions for 'Game Changing' Logistics Operations

At its customer conference, Sterling Commerce, an AT&T Inc (NYSE:T) company, today announced that HJ Heinz Company (Heinz) has transformed its logistics operations with Sterling Commerce business integration and supply chain execution applications.

Free Newsletter Sign-up

Sign up, and we will send you a free Hang Seng Bank Limited - Financial and Strategic Analysis Review from GlobalData worth $750