SaxoMobileTrader named 'Best Mobile Trading Platform' by Global Banking and Finance Awards
Saxo Bank is pleased to announce that SaxoMobileTrader, its multi-product mobile trading platform tailored specifically to sophisticated retail clients, has been named Europe’s best mobile trading platform by Global Banking and Finance Review Magazine
The trend towards the democratisation of trading and ease of access to information has spurred an evolution in retail trading, and Saxo Bank’s use of state of the art technology has been key to its success in developing its mobile offering. The use of mobile devices is becoming more widespread, particularly as retail investors become more sophisticated and demand 24/7 access to view their positions and open orders. More than 20 percent of trades executed on Saxo Bank’s trading platform, Saxotrader, are done via its mobile app. Whether through its retail trading platform, TradingFloor.com, or white label partnerships, Saxo Bank expects to see this upward trajectory continue in the years to come.
With access to over 30,000 listed and OTC derivatives and securities with one margin account, Saxo Bank’s SaxoMobileTrader provides its customers with market-moving news, interactive data charts and live prices, all within an easy to use mobile platform offering the same speed of execution they have come to expect with the desktop. It offers access to one of the widest product ranges available to retail clients anywhere.
Alan Plaugmann, Global Head of Products & Platforms for Saxo Bank, commented:
“We are delighted that Global Banking and Finance Review Magazine has recognised SaxoMobileTrader as a leading player in providing on-the-go trading capabilities to retail clients. 20% of trades executed on Saxo’s trading platforms are now done so through mobile devices, and this trend will undoubtedly continue.
“Technology is at the core of Saxo Bank’s operations and has allowed the bank to maintain its strong competitive advantage. Traders and investors increasingly demand usability, mobility, performance and service when executing trades and Saxo Bank meets these demands through its innovative trading tools and features. The firm has successfully created a robust and highly effective trading environment which includes an increased number of products and order types, platform features and functionalities. Saxo Bank’s stable client base is testament to the improvements it continually makes to its platforms and core proposition, often in response to clients ideas and requests.”
Saxo Bank Group (Saxo) is a leading Fintech specialist focused on multi-asset trading and investment and delivering ‘Banking-as-a-Service’ to wholesale clients.
For 25 years, Saxo’s mission has been to democratize investment and trading, enabling clients by facilitating their seamless access to global capital markets through technology and expertise.
As a fully licensed and regulated bank, Saxo enables its direct clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides wholesale institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology, supporting the full value chain delivering Banking-as-a-Service (BaaS).
Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Founded in 1992 and launching its first online trading platform in 1998, Saxo Bank was a Fintech even before the term was created. Headquartered in Copenhagen Saxo today employs more than 1500 people in financial centers around the world including London, Paris, Zurich, Dubai, Singapore, Shanghai, Hong Kong and Tokyo.