Saxo Bank Opens Amsterdam Office

By Prne, Gaea News Network
Wednesday, September 16, 2009

AMSTERDAM - Saxo Bank, the online trading and investment specialist, launches its new Dutch office today. The Dutch office is the fourth new office for Saxo Bank in Europe and the Middle East this year.

Saxo Bank, the online trading and investment specialist, today announced the opening of a new office in Amsterdam to serve the growing and sophisticated Dutch private and institutional investment market.

Saxo Bank will offer private and institutional investors in the Netherlands a complete online trading, portfolio and Wealth Management package. While Forex is a key global differentiator for Saxo - the bank is the largest provider of online FX trading worldwide - it also offers investors stocks, bonds, ETFs and a range of other investment options. The bank will also actively pursue new partner business in the Netherlands, the so-called White Label Partnerships for licensed financial institutions that want a customised version of Saxo Bank’s online platform branded under the partner’s name.

“In today’s markets, investors are either forced to go it alone, or hand over complete control to their bank or asset manager. Our personal approach combined with world renowned technology and access to global markets is a unique offering” states Peter Comstock, who will co-head Saxo Bank Netherlands along with P.J. Datema.

“The Netherlands has a sizeable institutional and private investment landscape that we will focus extensively on,” Comstock added. “However, in the institutional market, trades are often made manually. We see this as a significant opportunity to offer institutions the chance to trade directly, efficiently and transparently.”

Saxo Bank’s co-founders and CEOs, Kim Fournais and Lars Seier Christensen, said in a joint statement: “Opening the Amsterdam office is a significant milestone in cementing Saxo Bank’s position as the leading online trading and investment specialist in Europe. We believe it is increasingly important for clients to be informed and educated on the latest investment products and Comstock’s extensive private client experience, combined with Datema’s 18 years institutional and Forex experience, will allow Saxo to reach a wide community of Dutch investors. Our Amsterdam office will enable us to provide on-the-ground service to a wide community of Dutch investors as part of our well-rounded offering combining our award-winning online trading platform with strong investment expertise and advice.”

Earlier this year Saxo Bank opened new offices in Milan, Prague and Dubai.

Source: Saxo Bank

Media Contact: Kasper Elbjorn, Head of Group PR, +45-30654300, press at saxobank.com

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