Saxo Capital Markets, the UK subsidiary of Denmark’s Saxo Bank, has appointed the former chief executive of FIA Europe to help boost efforts to expand its institutional client base.

Anthony Belchambers will take the role of non-executive director at Saxo Capital Markets. It is Belchambers' second non-executive director position since leaving FIA Europe, following his appointment to the board of Nasdaq OMX's NLX European derivatives exchange.