Denmark
Biography
Steen Jakobsen has more than 25 years of experience within the fields of proprietary trading and alternative investment. After finishing his studies in Economics at Copenhagen University in 1989, he started his career at Citibank N.A. Copenhagen from where he moved to Hafnia Merchant Bank as Director, Head of Sales and Options. In 1992, he joined Chase Manhattan in London as VP, Head of Scandinavian Sales, and then the Chase Manhattan Proprietary Trading Group. From 1995-1997 he worked as a Proprietary Trader and Head of Flow Desk at Swiss Bank Corp., London. In 1997, he became Global Head of Trading, FX and Options at Christiania (now Nordea) in New York until he joined UBS in New York in 1999 as the Executive Director in the Global Proprietary Group. He joined Saxo Bank in 2000 and after a brief departure to Limus Capital Partners, where he was Chief Investment Officer for two years, he returned to the bank in 2011 as Chief Investment Officer
Follow me on

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

1889 FOLLOWERS
Write a Squawk to Steen Jakobsen
  • 21 July
    Juhani Huopainen Juhani Huopainen
    I'd say perfect timing!
  • Squawk / 20 July 2015 at 11:45 GMT
    Geologist- Gold
    Australia
    Hows everything going with your portfolio Steen. I am very pro gold, so it is worrying to see it go down, but I am hoping it will rise before Jan 16 (i have a call option). The CRB Raw Industrials Index appears to be pointing down, which doesn't look good for gold. You still confident gold will outperform by year end?
    Read the Squawk
  • Article / 16 July 2015 at 7:00 GMT

    Morning Markets: Draghi in the hot seat

    Consulting Editor / Saxo Bank
    Denmark
    Morning Markets: Draghi in the hot seat
    Early this morning,the Greek parliament approve the bailout deal announced Monday but there remain many questions about the viability of Greece's economy. Today's European Central Bank press conference will see president Mario Draghi field queries on the health and stability of the Eurozone economy.
    Read the article
  • 15 July
    nf1204 nf1204
    The West push Russia and China closer .
    http://www.armstrongeconomics.com/archives/34941
    18 July
    John Shaw John  Shaw
    Russia and China deserve each other.
  • Article / 08 July 2015 at 13:15 GMT

    EU — such a good concept, such bad execution

    Chief Economist & CIO / Saxo Bank
    Denmark
    Steen’s Chronicle today is written by Dimitri Masselos, who is a good friend, a scholar and an amazing trader. His relevance for this Chronicle comes from his heritage. Born in Greece, living in London, and with a perspective on Greece which is forward looking with a critical look at the past. Enjoy Dimitri's piece as its one of the best in this nightmare called Circus Greece.
    Read the article
    08 July
    Dimitrios Tamvakas Dimitrios Tamvakas
    The article is exactly to the point...just replace the 28 EU members with the euro denominated 19.
    08 July
    theplungerthijs theplungerthijs
    Dmitri clearly lives in lala-land. To seriously think that there is even the slightest notion of public support for this kind of transfer union in the nothern...
    09 July
    Q Q
    Dmitri is clearly revolutionary in his thinking, so it's only natural that those stuck in the current debt-growth paradigm will write him off as living in lala-land....
  • Squawk / 07 July 2015 at 19:51 GMT
    Chief Economist & CIO / Saxo Bank
    Denmark
    Greece/ESM: Please read article 1 and 2 of ESM charter below:
    How can they even discuss ESM funding for Greece when Greece clearly neither has access to capital or is stable.

    A violation of the charter would not be first time EU violates its own rules, but it would be end of EUR and Europe.

    We are now de facto in the Socialist Union of Europe
    Read the Squawk
    07 July
    benlouro benlouro
    Hy Steen tell me a good reason for why not a country could have two currencies? Why don´t allow Greece to print dracmas, so they can pay...
    07 July
    buelte buelte
    Hi Steen,
    so true - straightforward factual, very much at the heart of this massive problem. Therefore it's not Germany vs Greece but states that still...
  • Squawk / 07 July 2015 at 15:55 GMT
    Chief Economist & CIO / Saxo Bank
    Denmark
    Macro: Volatility is the tax on trading & markets. It keeps rising and very close to getting into 2010/11 level now. This is internal volatility measurement I do for Saxo Bank MGT
    Read the Squawk
Show latest activity
Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail