Saxo Bank Securities

Wiki route

This entry sits under securities-firms INDEX (its domain route). Read it against GMO Click Securities for the closest domestic retail FX / CFD peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. As a foreign-parented FIEA arm, contrast it with Goldman Sachs Japan.

TL;DR

Saxo Bank Securities Co., Ltd. (サクソバンク証券株式会社) is a Japan FIEA operator whose 100% parent is Saxo Bank A/S of Denmark. As a Type I Financial Instruments Business Operator under the Financial Instruments and Exchange Act, it is listed in the FSA’s list of financial instruments business operators as “サクソバンク証券株式会社” (Director-General of the Kanto Local Finance Bureau (Kinsho) 第239号). It is a Japan access point for foreign equities, OTC FX, CFDs, and derivative-type products.

1. License / group boundary

2. Operating model

Saxo Bank Securities, as the Japanese entity of a global online trading platform, provides multi-market, multi-product access. Compared with domestic online brokers, its cross-coverage of foreign equities, options, and CFDs / FX is stronger. The main domestic retail FX competitors are GMO Click Securities and DMM.com Securities, with the comparable SBI FX Trade as a standard benchmark. As a foreign-affiliated FIEA operator, it is placed under FSA supervision with a legal personality distinct from a foreign bank branch.

3. Why this page matters

• Saxo Bank Securities is less an ordinary domestic online brokerage than a Japan-regulated gateway for a global trading platform. It is given a standalone page in order to view its product range, trading infrastructure, and foreign-affiliated broker regulation.
• Pins down the anchor of the two-layer structure of foreign parent / domestic Type I license, and provides a contrast axis with Goldman Sachs Japan.

Related

• Goldman Sachs Japan
• Citigroup Japan
• Traders Securities
• DMM.com Securities
• securities-firms INDEX
• FinWiki index

Sources

• FSA, “金融商品取引業者登録一覧”, kinyushohin.xlsx.
• Saxo Bank Securities, “会社概要・沿革”.
• Saxo Bank Securities, “サクソバンクグループについて”.