 This resulted in additional losses for some clients who were shorting EUR/CHF and other CHF instruments and had previously exited their trades during those low liquidity periods.Saxo Bank's action of amending deals forcing larger negative balances of clients resulted in complaints.On 23 January 2015, Saxo Bank reported that due mainly to negative client balances on which it may not be able to collect, the bank might be forced to take a loss of up to DKK 700 million (about US$107 million).