9+ Saxo APAC CEO: ‘Huge Reaction’ to Cryptocurrency Offering

May.24 — Adam Reynolds, chief executive officer for Asia Pacific at Saxo Markets, explains why the company launched a cryptocurrency offering. This enables clients in select markets to trade Bitcoin, Ethereum and Litecoin against the dollar, euro and yen from a single margin account, and they can trade and hedge both long and short exposure in the three cryptocurrencies, which will be in the form of derivatives and not the physical coins. Reynolds also discusses the outlook for financial markets and Federal Reserve policy on “Bloomberg Markets: Asia.”