Saxo Capital parts ways with Halifax Australia


Multi-asset trading and investment specialist, Saxo Capital Markets Australia, has announced it has terminated its business relationship with Halifax Australia.
Halifax received the termination notice given by Saxo Capital on 30 June.
Saxo Capital Markets chief executive, Ben Smoker, said: "Our decision to part ways with Halifax Australia was not taken lightly".
"It has been accepted by Halifax and we consider it to be in the best interest of both parties," he said.
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.