The company’s success has been partly fueled by its approach of swiftly passing on the benefits of central bank rate hikes to its customers. Saxo Bank is different from other banks in that it ensures its clients receive higher interest rates immediately on any unused funds. This strategy allows clients to adjust their investment strategies according to changing market dynamics.
Kim Fournais is the founder and CEO of the company.
We are humbled and honoured by our clients’ trust, which has propelled us to reach this historic milestone of surpassing USD 100 billion in client assets. This showcases our ability to support our growing number of clients and partners, navigate challenging markets, and deliver a robust investment experience and platforms tailored to our clients’ needs.
He added
We remain fully dedicated to further investing in improving the client experience to empower our clients with the knowledge, resources, and guidance needed to thrive in today’s challenging economic environment and work towards reaching their financial goals.
Following Saxo’s record-breaking FX volumes in March, reaching $155.6 billion, the company saw a 34% decline to $102.8 billion.
Saxo Bank exceeds $100 billion client assets
