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
  • Saxo TV / Thursday at 11:00 GMT

    Zero Below - Essential Trades for Q2

    Steen Jakobsen
    A negative zero-interest rate world will have profound implications for us all.One expected bonus, however, might be that it puts an end to this paralysing pretend-and-extend strategy that's dominated the agenda for far too long. So says Saxo Bank's Chief Economist, Steen Jakobsen as he outlines his Essential Trades for Q2.
    watch video
  • Article / Wednesday at 14:00 GMT

    Asia blues: the new Silk Road

    Chief Economist & CIO / Saxo Bank
    Asia blues: the new Silk Road
    Although a superficial look at China may give the impression of a slowing economy, Beijing's current array of plans and initiatives will likely expand its power, wealth and influence. In the future, says Steen Jakobsen, the world will have two superpowers: the US and China.
    Read the article
  • Squawk / 17 March 2015 at 18:50 GMT
    Steen, do you think UST 10 yr yield goes up after FOMC announcement tomorrow assuming it removes "patient"? Thank you.
    Read the Squawk
    18 March
    Steen Jakobsen Steen Jakobsen
    No, I think the short--end will react, but expect further flattening of the yield curve in the US. If patient remain ...yields... if removed... ==> equity will...
  • 16 March
    Simon Kjaer Simon Kjaer
    Hi bgold - You can consider looking these two ETFs: Russian equity market is the Market Vectors Russia ETF (RSX:arcx) and iShares MSCI Russia Capped ETF (ERUS:arcx)...
    16 March
    Dimitrios Tamvakas Dimitrios Tamvakas
    Hi bGold, if you are in Euros you could consider also the Lyxor DJ Russian Titans traded on Paris , RUS FP.
    16 March
    bgold bgold
    Friend of mine trades RUSL (3x leverage) intra-day. Any thoughts?
  • Saxo TV / 12 March 2015 at 7:39 GMT

    Jakobsen: 2015 is a lost year and here’s why!

    Steen Jakobsen
    Even though the US has seen strong job numbers and Europe is forecast to grow 1.5% this year, Saxo Bank’s Chief Economist Steen Jakobsen says 2015 will be a lost year. That’s because the US economy and emerging markets will grind to a halt and slow Europe down in the process.
    watch video
  • 15 March
    Aloushka Aloushka
    Thanks for sharing..very interesting analysis
    15 March
    amitabhj3156 amitabhj3156
    Good views
  • 06 March
    Flavian Eigensatz Flavian Eigensatz
    I love ECB!
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