Saxo Bank adds JP Morgan to its prime broker list
The move extends an existing relationship between the two banks that began last year, when JP Morgan became one of the 10 top-tier banks providing liquidity to Saxo Bank. Other banks among the 10 include Deutsche Bank, UBS and Morgan Stanley, said Claus Nielsen, head of FX at Saxo in Copenhagen.
Nielsen said the bank chose to join the Reuters Matching service through a prime broker to access the required credit line. The bank was attracted by the liquidity available in Canadian, Australian and
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