LONDON, September 3, 2014 /PRNewswire/ --
Saxo Capital Markets UK Ltd. (SCML), the UK subsidiary of Saxo Bank A/S, today announces the appointment of Anthony Belchambers as a Non-Executive Director.
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Anthony joins from FIA Europe, formerly the Futures & Options Association, which he founded in 1992 and where he was Chief Executive until March 2014. He remains a special adviser to FIA Europe. During his time at the Association, Anthony founded and led many cross-industry initiatives and groups, including MiFID Connect, the Joint Association Financial Transaction Tax Group, the Transatlantic Coalition on Financial Regulation and, more recently, the International Cross-Border Regulation Forum.
Anthony is co-founder of the Advisory Group to the European Parliamentary Financial Services Forum and founder of the Associate Parliamentary Group on Wholesale Financial Markets and Services. He continues to serve as Deputy Chairman of both organisations. He is also founder of the Transatlantic Coalition on Financial Regulation and has sat on various committees, including HM Treasury and the Chartered Institute for Securities & Investment.
Nick Beecroft, Chairman of Saxo Capital Markets UK Ltd., commented:
"We welcome Anthony to the board of SCML, where his extensive market and regulatory knowledge will be extremely valuable to our organisation at a time of unprecedented change in the industry. Additionally, his experience and expertise in financial markets will be a tremendous resource to the board as we continue the build-out of our institutional business with London as a major centre of our operations.
Anthony Belchambers, Non-Executive Director, Saxo Capital Markets UK Ltd., commented:
"I am pleased to be joining SCML at a time when the bank is expanding its offering to institutional clients. More than ever before, financial institutions need flexible, sophisticated trading infrastructure and reliable post trade services to allow them to focus on their core businesses. I look forward to working with a company that is committed to responding to the needs of market participants through ongoing innovation."
About Saxo Bank
Saxo Bank was established in Copenhagen in 1992 and has 1,500 employees and offices in 25 countries. From its origins as one of the pioneers in online trading technology, Saxo Bank's award-winning multi-asset trading platform now provides access to over 30,000 OTC and exchange-traded products, with Direct Market Access (DMA) to over 50 global exchanges, dark pools and other trading facilities.
The Saxo Bank value chain strives to have a high Straight Through Processing (STP) ratio and comprises trade execution, risk monitoring (real-time position keeping, unrealised P&L, margin utilisation and NAV) and clearing and settlement.
Since 2004 Saxo Bank has provided white label versions of its trading platforms to financial institutions around the world and now has over 120 White Label Partners giving their clients access to global markets via Saxo Bank's technology.
For over two decades of constant change Saxo Bank has been at the forefront of technological development as markets, regulations and web and mobile technologies have evolved, and the goal remains the same - to provide access to the most markets, the deepest liquidity, the most competitive pricing and the best tools, to enable clients to execute trades and manage risk in the world's markets from a single account with one margin calculation.
About Saxo Capital Markets
Saxo Capital MarketsUK Limited is a wholly owned subsidiary of Saxo Bank A/S, the parent company of the Saxo Bank Group, an international financial services group specialising in trading and investment across global financial markets. Saxo Bank has operated in the UK since March 2006, initially as a branch of Saxo Bank A/S and since 1 January, 2012 as Saxo Capital Markets UK Limited.
Saxo Capital Markets UK Limited is authorised and regulated by the Financial Conduct Authority, registration Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA
Uriel Alvarado Cancino, Chief Public Relations and Marketing Officer, Saxo Capital Markets UK
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