Saxo Capital Markets will be managed by Joint Country Managers, Brett McLaren and Richard North who have had a long relationship with Saxo Bank.
Saxo Capital Markets joint country manager Brett McLaren said the company will meet the growing trading demands in South Africa for multi-asset online trading as the needs of investors in the region will continue to diversify in tandem with the changing market dynamics in the region.
"Saxo Capital Markets’ launch in South Africa is aligned with its strategic roadmap in the region, and we intend to add resources as the business grows," said McLaren.
The firm will manage its operations under the banner of Saxo Capital Markets South Africa and its consumers can avail trading opportunities for more than 13,000 stocks in more than 30 international markets and exchanges, said the firm.
Saxo Capital Markets SA will be administered by joint country managers, Brett McLaren and Richard North who have had a long relationship with Saxo Bank.
