Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Saxos chairman reports 'massive change' in hedge fund activity

Friday, August 17, 2012

amb
Nick Beecroft
By Beverly Chandler, Opalesque London:

Saxo Capital Markets, a wholly owned subsidiary of Danish bank, Saxo Bank Group, has found that hedge funds have adapted their use of foreign exchange markets to mirror how the markets have been behaving since the financial crisis.

In an interview with Opalesque, Saxo Capital Markets chairman, Nick Beecroft said: "We see a massive change in hedge fund activity. Hedge funds have changed their behaviour to reflect how the market is behaving."

Saxo Bank has operated in the UK since March 2006, initially as a branch of Saxo Bank and since 1st January 2012 as Saxo Capital Markets UK Limited. The firm offers private investors online trading and investment in FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives, and online wealth management for Funds, Shares, ETFs, Certificates and Bonds and online trading services to a broad institutional client base including hedge funds, Introducing Brokers and Money Managers through their trading platforms SaxoTrader, SaxoWebTrader and SaxoMobileTrader and Saxos B2B/API services. The firm considers itself in the top 10 of spot foreign exchange trading firms.

"The dominant change over the last five years, since the financial crisis broke, is this risk on/risk off behaviour that dominates all the markets now" Beecroft says. "If on the day there is bad news, such as a call for Greece to leave the Euro, you will see equity markets go down, safe have......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released