Saxo's Fournais turns 50

Kim Fournais at Saxo Bank — Kim Fournais: founded Midas – renamed Saxo in 2001– with capital of $78,000 in 1992

- FX Markets Comment
- 30 Jun 2016

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Kim Fournais, co-founder and chief executive of Saxo Bank, is turning 50 today (June 30).

He founded Midas – renamed Saxo in 2001– with capital of $78,000 in 1992. Three months after its launch he was joined by Lars Seier Christensen, a London-based stockbroker, who was an investor at first and then co-chief executive in 1995.

Copenhagen-based Fournais had a vision of giving private investors the same access to the world's financial markets as that enjoyed by institutional investors. Throughout

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