Sabah - Forex trader Saxo Bank has announced its intention to enter the Turkish market. The Danish company looks to establish a physical presence in Turkey by acquiring a local brokerage firm.
“Saxo Bank has recently opened offices in emerging market hubs such as Moscow, Panama City, Johannesburg, Sydney, and Hong Kong in the last 12 months. Istanbul is next in line,” said Saxo Bank CEO Lars Seier Christensen. “The Turkish market looks very attractive in the coming years, given the country’s impressive growth rate,” he added.