saxo-bank-annual-report-2015
saxo-bank-annual-report-2015
saxo-bank-annual-report-2015
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CONTENTS<br />
REVIEW OF <strong>2015</strong><br />
Management Report 5<br />
Financial Review 16<br />
Operational Review 20<br />
THE BUSINESS OF SAXO BANK<br />
Saxo Bank’s Business Model 27<br />
Capital Management 29<br />
Risk Factors 32<br />
FINANCIAL STATEMENTS<br />
Contents Financial Statements 39<br />
Income Statement 40<br />
Statement of Comprehensive Income 41<br />
Statement of Financial Position 42<br />
Statement of Changes in Equity 44<br />
Statement of Total Capital (Own Funds) 46<br />
Cash Flow Statement 47<br />
Notes 48<br />
Parent Company – Saxo Bank A/S 111<br />
Statement by the Management 133<br />
Statements by the Independent Auditor 134<br />
COMPANY INFORMATION<br />
Board of Directors and Board of Management 137<br />
Addresses 138<br />
Among the awards Saxo Bank<br />
was honoured with in <strong>2015</strong> was<br />
“Best White Label Technology<br />
Provider” from FX Week<br />
Saxo Bank is a member of the<br />
Danish Guarantee Fund for<br />
Depositors and Investors, and client<br />
deposits are guaranteed by the<br />
Fund with up to EUR 100,000.<br />
CURRENT THEMES<br />
Tailored pricing – one size does not fit all 8-9<br />
#SaxoStrats – your next trade 14-15<br />
SaxoTraderGO – the next generation of trading 24-25<br />
Highlights <strong>2015</strong> 36-37
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