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Clearing and settlement news

Saxo Bank launches new trading platform


04 April 2018 Copenhagen
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Saxo Bank has launched SaxoTraderPRO, a new trading platform for active traders and institutional clients.

The platform is a multi-screen trading platform offering a workspace for both Windows and Mac with no monthly fees.

SaxoTraderPRO will give clients access to exchange-traded funds, stocks, bonds, contract for difference, forex, futures and options that are cross margined from a single account.

The new platform is set to replace the current SaxoTrader platform, while SaxoTraderGO continues to cater to retail traders and investors.

SaxoTraderPRO will be launched across Saxo Bank’s markets in the coming months starting with the UK and Denmark and then Asia Pacific.

Kim Fournais, founder and CEO of Saxo Bank, said: “We were a financial technology before the term was created and the core of Saxo Bank has always been our trading technology and trading platforms. We strive to democratise trading and investment, essentially providing traders and investors with the same professional tools and market access as fund managers and large financial institutions.”

He added: “I am proud that we yet again deliver on our vision with the launch of SaxoTraderPRO. Based on our scalable business model and efficient technology, SaxoTraderPRO offers intuitive and free access to tools and functionality that has previously been the preserve of a select few and carrying hefty fees.”

Christian Hammer, head of platforms at Saxo Bank, commented: “We know that our active traders and institutional clients demand unparalleled access to global capital markets combined with a high level of control through advanced trading tools, fast and reliable execution and extensive options for customisations to fit their individual trading needs.”

He added: “I am very proud of the result of our efforts and SaxoTraderPRO is an obvious first choice for active traders and institutional clients looking for both a feature rich trading platform and user friendly interface with no monthly license fees.”
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