Saxo Bank lays the foundation of the trading platform of the future with SaxoTraderGo
Saxo Bank, the online trading and investment specialist, continues to shape the future of trading with the launch of SaxoTraderGO, a new, intuitive multi-asset trading platform, available on desktop and mobile devices.
The platform was built from the ground up with focus on usability and performance and integrates seamlessly between desktop and mobile devices. The development of the platform also reflects one key trend: 20 per cent of the bank’s overall retail trading takes place through mobile devices, and this new platform allows them to access trading opportunities seamlessly as they switch between mobile and desktop environments.
SaxoTraderGO has one of the industry’s most intuitive user interfaces, featuring an easy to use navigation and clear separation between pre-trading, trading and post-trading services. Performance has further been improved by employing advance network acceleration and usage of the latest technologies such as WebSockets. The platform will be launched to Saxo’s retail clients in Paris, France on 4 May, with a rapid roll-out across all the markets in which Saxo operates.
Commenting on the launch, Saxo Bank’s EVP and Global Head of Sales, Products and Platforms, Matteo Cassina, said: “We know from our extensive research that Saxo Bank’s new breed of client wants a faster, better and more intuitive trading experience, and through this platform we are enabling them to be more nimble and active in the markets. We want to help them seize trading opportunities regardless of where they are.
“Saxo Bank and its founders have been a disruptive force in the industry for a long time, and far from resting on our laurels we continue to believe in positive disruption through innovation. Last year, Saxo Bank launched the world’s most ambitious multi-asset social trading platform with TradingFloor.com. This time, we are not only delivering to our clients the most intuitive multi-asset trading platform available, but we are also laying the foundations of the trading platform of the future.”
SaxoTraderGO, which has been written entirely in HTML5, signals the trading industry’s move away from legacy proprietary systems of the past. In doing so, Saxo is future proofing its platform by reducing reliance on third party plug-ins such as Flash or Silverlight. The launch also showcases the power of Saxo bank’s OpenAPI technology. SaxoTraderGO is implemented by accessing well documented REST-based interfaces, the Saxo Bank OpenAPI. This API will be the foundation for all future internal client trading platform developments at Saxo Bank. In the future, the OpenAPI will also be available to select external developers to build tailor-made apps or plugins that will tap directly into Saxo’s core trading systems.
Romain Grosjean, driver for Lotus F1 team, sponsored by Saxo Bank will be present at the launch event in Paris on 4 May together with Saxo Bank’s founders and co-CEOs.
Saxo Bank is a leading Fintech specialist and global multi-asset facilitator of capital markets products and services. Saxo enables private clients to trade more than 35,000 instruments from one single margin account.
Additionally, Saxo provides institutional clients such as banks and fintechs with Open Banking solutions from multi-asset execution, prime brokerage services to trading technology. Founded in 1992, Saxo Bank has embraced Open Banking from the beginning and is focused on helping clients and partners through win-win partnerships and product innovation.
Since launching its first online trading platform in 1998, Saxo Bank works to empower everyone to navigate their financial future by opening up access to trading and investment. The Saxo Group’s client assets total more than 45 billion euros, and the Group employs more than 2100 people in financial centres around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo.For more information, please visit http://www.home.saxo.