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The bank which currently enables private investors and institutional clients to trade forex, CFDs (contract for difference) , exchange traded funds (ETFs), stocks, futures, options and other derivatives via multi-award winning online trading platforms, is planning to replicate its overseas business model in India. In addition, it offers professional portfolio and fund management. With clients worldwide, Saxo Bank is recognised for excellence in service and technology.
Since 1992, Saxo Bank has been a facilitator in the global capital markets aggregating liquidity, offering access to exchanges around the world and providing its powerful suite of products and platforms to private clients, institutions, banks and brokerages. Saxo Bank is present in 21 countries, covering the world’s major financial centres including London, Zurich, Dubai, Singapore and Hong Kong.
Saxo India's primary goal is to replicate its global strategy of providing International stocks and financial instruments to clients willing and wanting to invest overseas. This is as per RBI's policy of permitting every individual to remit a maximum of 200,000 US$ every year. Saxo India is lead by Joint Managing Directors, Mr. Rudra Dalmia and Mr. Ole Bremholm Jorgensen, both investment veterans who have worked in the financial services industry across many countries.
“We believe the Indian investor will soon demand and select from global asset classes to balance macroeconomic and cyclical risk, along with local and systemic risks. The award winning Saxo Bank platform is the only one of its kind in the world, which offers products from over 29 global exchanges,” said Rudra Dalmia, Managing Director, SAXO India.
