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
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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
    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
    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 .
    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
    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
    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
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    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
    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
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