Saxo Bank hails record month
NEWS
The bank captured 6,000 new clients last month, amid a rise in electronic trading and white-label deals.
Lars Seier Christensen, Copenhagen-based co-chief executive of Saxo, said the ramp-up is due to a number of reasons including general growth in the online trading industry, and several new white-label partnerships.
Growth in Saxo's white-label partner segment represented the biggest gainer, with partner clients up more than 5,000 in the month of March alone. The bank declined to provide names
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