Tinkoff-Saxo cycling team to trade for charity
Saxo Bank, the online multi-asset trading and investment specialist, has launched Trade Like a Pro, a competition involving Alberto Contador, Peter Sagan, Ivan Basso, Matti Breschel and the rest of the Tinkoff-Saxo professional cycling team in an effort to raise money for charity.
46 riders, managers and sports directors from the professional cycling team are taking part in Saxo’s Trade Like A Pro competition. Each participant started with 1,500 euros given by Saxo Bank, and will trade equities using the Saxo Mobile Trader app. The contest runs until the end of the Giro D’Italia on 31 May 2015 when the team’s total account balance, including any trading proceeds will be donated to the participant’s charity of choice.
The competition is taking place on Saxo’s multi-asset social trading platform, TradingFloor.com. Those registered on the site can follow the competition as it unfolds, seeing what trades the team makes, interact with them, discuss trading ideas, and possibly copy their strategies. As of Friday, 6 March, Tinkoff-Saxo Sport Director Tristan Hoffman is leading the field with a 19.77% return on his investments.
A Dutch born former rider on the team from 2000 to 2005, Sports Director Tristan Hoffman said, “The competition is almost as intense as an energy sapping hill climb or a sprint finish during the Spring Classics. All of us want to win and donate as much money to our chosen charity as possible and I am delighted that, so far, I have been most successful. This has also been an excellent way of getting to know Saxo Bank’s business better.”
Trade Like A Pro goes hand-in-hand with Ride Like A Pro, an initiative launched by Saxo Bank in November 2014 which gives current and prospective clients of Saxo Bank the opportunity to live and train like a Tinkoff-Saxo cycling professional, learning everything from the anatomy of the bike to intense interval training like the Tinkoff-Saxo team. The exclusive cycling programme, offered free of charge to a small and select group, includes training, coaching and group rides with Tinkoff-Saxo cyclists, as well as the chance to race the toughest stages of a Grand Tour including the Giro d’Italia and Vuelta a España.
The Ride Like A Pro program also features:
- Interactions with the World Tour’s Tinkoff-Saxo team
Intensive personalized training towards personal goals
High frequency group training sessions with supervision
Commenting on both initiatives, Matteo Cassina, Head of all Business Lines at Saxo Bank A/S says, “Saxo has a long and successful relationship with the Tinkoff-Saxo cycling team and Trade Like A Pro acts to strengthen our ties with elite sport and top level competition. Both Trade Like A Pro and Ride Like A Pro programmes are aimed at helping participants in seizing opportunities and achieving their physical and mental goals and, at Saxo Bank, we believe this is key to success in the financial markets as well as on the cycle track.”
Learn more about Trade Like A Pro here: https://www.tradingfloor.com/topics/trade-like-a-pro
See Tristan Hoffman’s profile on tradingFloor.com here: https://www.tradingfloor.com/traders/tristan-hoffman/performance
The application process for Ride Like A Pro is still open so learn more about Ride Like A Pro here: http://ridelikeapro.saxobank.com
#TradeLikeAPro #RideLikeAPro #SaxoCycling
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.