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.

Lasse Lilholt
PR & Communications Manager
+45 3977 6344 
press@saxobank.com

Eric Robledo, Honner
Public Relations - Australia
+612 8248 3739
eric@honner.com.au

Founded in 1992, Saxo Bank was one of the first financial institutions to develop a online trading platform that provided private investors with the same tools and market access as professional traders, large institutions and fund managers.

Saxo offers clients around the world broad access to global capital markets across asset classes, where they can trade more than 40,000 instruments in over 25 languages from one single margin account.

Saxo Markets Australia is known locally for its broad range of asset classes and international market access, as well as a seamless and personalised platform experience that connects traders, investors and partners to global FX, CFDs, Stocks, Options, Futures and more from a single account.

The Saxo Bank Group holds four banking licenses and is well regulated globally. In Australia, Saxo Capital Markets is licensed and regulated by the Australian Securities and Investment Commission (ASIC) as a share trading platform.

The Saxo Bank Group also powers more than 135 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology.

Headquartered in Copenhagen, Saxo Bank’s client assets total more than 80 billion USD and the company has more than 2,000 financial and technology professionals in financial centres around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo.

For more information, please visit: https://www.home.saxo/en-au.

Saxo Bank Group (Saxo) is a leading multi-asset trading and investment specialist, offering a complete set of trading and investment technologies, tools and strategies.

For almost 25 years, Saxo’s mission has been to enable individuals and institutions by facilitating their access to professional trading and investing through technology and expertise.

As a fully licensed and regulated bank, Saxo enables its private clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology.

Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.

Founded in 1992 and headquartered in Copenhagen, Saxo employs more than 1500 people in financial centres around the world including London, Singapore, Paris, Zurich, Dubai and Tokyo.

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The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-au/about-us/awards

Saxo Capital Markets (Australia) Limited ABN 32 110 128 286 AFSL 280372 (‘Saxo’ or ‘Saxo Capital Markets’) is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms, Financial Services Guide, Product Disclosure Statement and Target Market Determination to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

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