Tue, Jul 26, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New