Saxo Bank was founded in 1992 by Co-CEOs Lars Seier Christensen and Kim Fournais. Saxo Bank was among the first financial institutions in the world to develop an Internet-based information and investment trading platform. From the outset, the Bank emphasised technology as a vital element for being competitive in the online trading industry. With a worldwide client base, Saxo Bank has been recognised for the excellence of its technology and the services it provides. A fully licensed and regulated European bank, Saxo Bank has built a global base of individual retail clients, corporations and financial institutions from its headquarters in Denmark and numerous regional offices. Since receiving European bank status in June 2001, Saxo Bank has positioned itself as a leading player in online trading thanks to its superior client service, competitive pricing and its focus on developing industry-leading trading platforms.