Saxo Capital Markets Australia appoints Adam Smith as Chief Executive Officer
Saxo Capital Markets, the leading fintech specialist focused on multi-asset trading and investing, has today announced the appointment of Adam Smith as its new Chief Executive Officer for the Australian market.
Mr Smith brings over two decades of experience working in the financial services and technology sectors. He joins Saxo from OFX, an ASX listed financial services / technology company, where he was the Chief Operating Officer for the past three and a half years. Prior to this he held a number of senior commercial and operational roles within ANZ Global Markets and Macquarie Bank in both Australia and Hong Kong.
Adam Reynolds, CEO of Saxo Capital Markets Asia-Pacific, said the appointment of Adam Smith would enhance Saxo’s existing market presence and would expand partnership opportunities with other financial institutions in Australia.
“The Australian market is of great strategic importance to Saxo Group. Adam’s proven track-record and broad experience make him well-qualified to deliver our vision and strategy in the region,” said Adam Reynolds.
“We see great opportunities in Australia’s burgeoning fintech scene. Adam’s depth of knowledge will be highly beneficial in driving further innovation and collaboration in the Australian trading and investment community,” he added.
Saxo provides a multi-asset trading and investing platform to private and institutional clients, prime brokerage services, and global markets technology infrastructure for fintech companies and financial services institutions via its Open API.
“For more than 25 years Saxo has strived to democratise trading and investing, providing our private clients with the same tools and market access as those used by large asset managers and financial institutions,” said Adam Reynolds.
“Today we’re dedicated to building relationships with other companies delivering financial services not only as a provider of markets technology but as a true partner who can augment those companies’ value propositions for their clients. Adam will lead our efforts in the Australian market to deliver this vision and share our capabilities with more businesses,” he added.
Adam holds a Bachelor of Economics from the University of Sydney and a Master of Business (Finance) degree from the University of Technology, Sydney.
Saxo Bank is a leading Fintech specialist and global multi-asset facilitator of capital markets products and services. Saxo enables private clients to trade more than 35,000 instruments from one single margin account.
Additionally, Saxo provides institutional clients such as banks and fintechs with Open Banking solutions from multi-asset execution, prime brokerage services to trading technology. Founded in 1992, Saxo Bank has embraced Open Banking from the beginning and is focused on helping clients and partners through win-win partnerships and product innovation.
Since launching its first online trading platform in 1998, Saxo Bank works to empower everyone to navigate their financial future by opening up access to trading and investment. The Saxo Group’s client assets total more than 45 billion euros, and the Group employs more than 2100 people in financial centres around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo.For more information, please visit www.home.saxo.