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Saxo Bank Wins Best Liquidity Distribution Service at the eFX Awards 2011
NEW YORK, July 15, 2011/PRNewswire/ --
Saxo Bank, the specialist in online trading and investment, has won the
"Best Liquidity Distribution Service" award at the annual eFX Awards 2011
[http://www.fxweekefxawards.com/static/home ] hosted by FX Week
[http://www.fxweek.com ] in New York on Thursday evening.
At the core of Saxo Bank's offering is its White Label solution for
banks that require a market leading on-line trading platform for their
clients. The key benefits of the solution are:
- It facilitates ownership and control of banks' relationships
with their clients whilst maintaining full client anonymity from Saxo
Bank.
- Access to a fully branded and customised trading solution.
- A facility for banks to distribute their own FX liquidity to
their clients via the white-label platform.
- A multi-asset offering with more than 20,000 financial products,
including FX, Stocks, CFDs and commodities.
- Flexibility and control allows banks to distribute liquidity
from the asset classes with tailored commission pricing to their own
clients, based on their own local and regional requirements.
For institutional clients, such as hedge funds and retail aggregators
with sophisticated high trading volumes, Saxo Bank's trading API compliments
their needs by making its multi-asset product range available in the
client's own systems via a low latency VPN, standard FIX protocol API. The
trading API extends Saxo Bank's distribution services and makes available
its range of FX crosses and order routing for CFDs, Stocks and Futures in
the client's proprietary systems.
The founders and co-CEOs of Saxo Bank, Kim Fournais and Lars Seier
Christens said in a joint statement:
"Saxo Bank acts as a facilitator linking liquidity from Tier-1-banks and
access to over 20 exchanges across the globe to our institutional and retail
clients via our integrated platforms. The award acknowledges this business
model. It makes us very proud and we are honored to accept the award."
Saxo Bank was also nominated for the "Best Retail Platform" award. The
award was won by Citi. The CitiFX Pro platform is powered by Saxo Bank.
This year the awards were judged by industry experts, Joel Clark,
Editor, FX Week, Justyn Trenner, Chief Executive, Client Knowledge, Sang
Lee, Co-Founder and Managing Partner, Aite Group and Rob Daly, Editor,
Sell-Side Technology.
About Saxo Bank
Saxo Bank is a leading online trading and investment
[http://www.saxobank.com/trading-products ] specialist. The three specialised
and fully integrated trading platforms; the browser-based SaxoWebTrader
[http://www.saxobank.com/en/trading-platforms/pages/internet-trading.aspx ],
the downloadable SaxoTrader
[http://www.saxobank.com/en/trading-platforms/pages/trader-download.aspx ]
and the SaxoMobileTrader application are available in over 20 languages. Saxo
Asset Management accommodates high-net worth private clients and
institutional investors. In 2011 Saxo Bank continued the diversification of
its business and launched Saxo Privatbank. The Saxo Bank Group is
headquartered in Copenhagen with offices throughout Europe, Asia, Middle East
and Australia.
Source: Saxo Bank
Media enquiries:
Kasper Elbjorn, Head of Group Public Relations, +45-3065-4300, press@saxobank.com
Saxo Bank Wins Best Liquidity Distribution Service at the eFX Awards 2011
NEW YORK, July 15, 2011/PRNewswire/ --
Saxo Bank, the specialist in online trading and investment, has won the
"Best Liquidity Distribution Service" award at the annual eFX Awards 2011
[http://www.fxweekefxawards.com/static/home ] hosted by FX Week
[http://www.fxweek.com ] in New York on Thursday evening.
At the core of Saxo Bank's offering is its White Label solution for
banks that require a market leading on-line trading platform for their
clients. The key benefits of the solution are:
- It facilitates ownership and control of banks' relationships
with their clients whilst maintaining full client anonymity from Saxo
Bank.
- Access to a fully branded and customised trading solution.
- A facility for banks to distribute their own FX liquidity to
their clients via the white-label platform.
- A multi-asset offering with more than 20,000 financial products,
including FX, Stocks, CFDs and commodities.
- Flexibility and control allows banks to distribute liquidity
from the asset classes with tailored commission pricing to their own
clients, based on their own local and regional requirements.
For institutional clients, such as hedge funds and retail aggregators
with sophisticated high trading volumes, Saxo Bank's trading API compliments
their needs by making its multi-asset product range available in the
client's own systems via a low latency VPN, standard FIX protocol API. The
trading API extends Saxo Bank's distribution services and makes available
its range of FX crosses and order routing for CFDs, Stocks and Futures in
the client's proprietary systems.
The founders and co-CEOs of Saxo Bank, Kim Fournais and Lars Seier
Christens said in a joint statement:
"Saxo Bank acts as a facilitator linking liquidity from Tier-1-banks and
access to over 20 exchanges across the globe to our institutional and retail
clients via our integrated platforms. The award acknowledges this business
model. It makes us very proud and we are honored to accept the award."
Saxo Bank was also nominated for the "Best Retail Platform" award. The
award was won by Citi. The CitiFX Pro platform is powered by Saxo Bank.
This year the awards were judged by industry experts, Joel Clark,
Editor, FX Week, Justyn Trenner, Chief Executive, Client Knowledge, Sang
Lee, Co-Founder and Managing Partner, Aite Group and Rob Daly, Editor,
Sell-Side Technology.
About Saxo Bank
Saxo Bank is a leading online trading and investment
[http://www.saxobank.com/trading-products ] specialist. The three specialised
and fully integrated trading platforms; the browser-based SaxoWebTrader
[http://www.saxobank.com/en/trading-platforms/pages/internet-trading.aspx ],
the downloadable SaxoTrader
[http://www.saxobank.com/en/trading-platforms/pages/trader-download.aspx ]
and the SaxoMobileTrader application are available in over 20 languages. Saxo
Asset Management accommodates high-net worth private clients and
institutional investors. In 2011 Saxo Bank continued the diversification of
its business and launched Saxo Privatbank. The Saxo Bank Group is
headquartered in Copenhagen with offices throughout Europe, Asia, Middle East
and Australia.
Source: Saxo Bank
Media enquiries:
Kasper Elbjorn, Head of Group Public Relations, +45-3065-4300, press@saxobank.com