Saxo Bank A / S is an international investment bank established in 1992 under the name Midas Fondsmeglerselskab. It specializes in online trading and investing in global financial markets.
Saxo Bank allows you to trade FX, CFDs, ETFs, Stocks, Futures, Options, and other tools of multi-asset trading platforms: the SaxoWebTrader browser, the downloadable SaxoTrader, and the SaxoTrader Mobile application.
The bank also offers a professional portfolio, fund management, and private banking services through Saxo Privatbank. With approximately 1,550 employees, the company has international offices in Europe, Asia, Australia, Africa, and South America.
In 2010, Saxo Bank launched a new stock platform capable of trading more than 11,000 shares and other products listed on 23 major exchanges around the world.
In 2011, the first Saxo Privatbank branch was opened and new offices in Hong Kong, Belgium, Panama, Russia, and Cyprus.
Saxo Bank is privately owned, and Kim Furnys, Lars Sier Christensen, and TPG Capital own the majority shares of the company. As of June 30, 2017, the Saxo Group had assets of 40.846 billion Danish kroner (6.3 billion US dollars), assets under management (capital management) of 13.0 billion Danish kroner, and deposits of collateral of customers of 98 billion Danish kroner.