New Office
Saxo Bank Opens Tokyo Office
Online investment bank and e-forex provider, Saxo Bank, has
opened a new Tokyo office to expand its trading presence in the
Asia Pacific region.
Saxo says that the Japanese financial market is undergoing major
shifts spurred by an increase in the number of
technologically-savvy investors who have become better informed
to make self-directed online trading decisions.
According to data from the Tokyo Foreign Exchange Market
Committee, online FX traders in Japan account for close to $15
billion worth of daily transactions. Approximately 80 per cent of
Saxo Bank Group’s Asia FX trading volume comes from Japan.
The Tokyo office will be headed by Wataru Kojima. It will provide
support to Saxo Bank’s institutional partners in Japan and will
work closely with Saxo Bank’s Asia Pacific operations Saxo
Capital Markets headquartered in Singapore.
