Saxo Bank Takes Hard Line On Customers' FX Losses
When the Swiss National Bank suddenly let its country's currency rocket on Jan. 15, Pawel Jaworski, a welding engineer from Elblag, Poland, was a loser. Using an online account with Copenhagen-based Saxo Bank A/S, Mr. Jaworski had bet the Swiss franc would fall. He closed his trade with a loss of EUR1,000 ($1,148). ... Read News
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Danish Bank Takes Hard Line On Currency Losses
When the Swiss National Bank suddenly let its country's currency rocket on Jan. 15, Pawel Jaworski, a welding engineer from Elblag, Poland, was a loser. Using an online account with Copenhagen-based Saxo Bank A/S, Mr. Jaworski had bet the Swiss franc would fall. He closed his trade with a loss of EUR1,000 ($1,148). ... Read News
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Danish Bank Takes Hard Line On Clients' Currency Losses
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