Press Release

Tinkoff-Saxo’s Alberto Contador wins Giro d’Italia (Tour of Italy)

In a joint statement, Kim Fournais and Lars Seier Christensen, co-CEOs and co-founders of Saxo Bank, said:

“On behalf of our employees around the world, we want to congratulate Alberto on his victory and remarkable comeback. It is said that a double Grand Tour victory is extremely difficult but after winning the Giro, we know Alberto is up for the challenge to also win the Tour de France. We really like to succeed at Saxo Bank and Alberto and his fellow riders remain a huge inspiration and motivation not only for Saxo but also the many talented young riders in Denmark, Italy, Spain, and around the world. That is why we remain a proud sponsor of Tinkoff-Saxo.”

Alberto Contador ruthlessly pulled away from the field to tighten his grip on the pink jersey in the early stages of the Giro d’Italia and finished with a time of 88 hours, 22 minutes and 25 seconds, one minute and 53 seconds ahead of his closest rival, Fabio Aru of Astana. 

In an effort to strengthen the collaboration between the team and the bank, Saxo launched a social trading initiative “Trade Like A Pro” on in March.

“Trade Like A Pro” is a competition involving Peter Sagan, Ivan Basso, Matti Breschel and the rest of the Tinkoff-Saxo team in an effort to raise money for charity. Alberto Contador is also taking part and has applied a conservative approach to investing. Contador’s investments mirror his style of riding as he maintains a calm focus on long term performance and continues to hold a mixed portfolio of single-stocks and Exchange Traded Funds (ETF’s).

While Contador has been busy conquering the Italian mountains and the hearts of cycling fans everywhere, his portfolio has not given him sleepless nights. His trading performance throughout the Giro has been fairly stable with five out of his six positions currently open being profitable, not least Alibaba (BABA) and Jyske Bank (JYSK). During the Giro, a new position has been bought giving exposure to the global energy sector (IXC). The iShares S&P Global Energy Sector Index fund is currently showing a small loss which can be explained by the adverse impact that the renewed strength of the dollar has had on crude oil and the major global energy companies during this time. 

Those registered on can follow the competition as it unfolds, seeing what trades the team makes, interact with them, discuss trading ideas, and possibly copy their strategies. Due to the popularity of the “Trade Like A Pro” competition, and the Tinkoff-Saxo team’s proven aptitude for trading, Saxo Bank has decided to extend the initiative for the rest of the cycling season. 

Alberto Contador’s profile on “Trade Like A Pro”:

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At Saxo we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest. 

Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions. As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo has more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.

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