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Saxo Bank: Client's deposits hit record high in H1 2014

From forexbrokerz.com

Saxo Bank, a Danish bank and forex broker, has revealed its operational metrics for the first half of the year showing a decrease in income and profits compared to H1 the prior year. However, the customers trust in the company is not under question with a remarkable increase of clients' collateral deposits Saxo Bank's results are in line with the current market conditions. Virtually all other forex brokers report decreases in profits and income for H1 2014. And many has reported an increase of the managed assets. People are generally saving when the markets do not offer good profitability. The main operational metric ... (full story)

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