Wed, Sep 3, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius