Saxo Bank adds multi-legged options strategies to SaxoTraderGO

Saxo Bank launches new tool for clients in SaxoTraderGO and SaxoTraderPRO to leverage the most popular pre-defined multi-legged option strategies directly from one trade ticket.

Saxo Bank, the online multi-asset trading and investment specialist, today announces that it is adding a combination order ticket for all clients trading listed options in SaxoTraderGO and SaxoTraderPRO.

Rather than trading options leg-by-leg using multiple trade tickets, clients will be able to execute orders for different legs as one order. The combination order ticket provides Saxo Bank clients with unique opportunities to participate in established option strategies such as straddle, ratio spreads and iron condor. The options strategies are pre-filled and enables traders to simultaneously place orders to buy and/or sell different options from the same order ticket.

Patrice Henault, Saxo’s Global Head of Trader Experience, says “We see growing appetite among traders to harness the opportunities in multi-legged options trading. With this new combination order ticket, we have enhanced the ease of use by enabling our clients to quickly access and participate in established option strategies such as straddle, butterfly or iron condor, from one trade ticket.”

The combination order ticket will also incorporate a display of option “Greeks” for each individual leg and strategy on the trade ticket as well as margin impact for the strategy.

The combination order ticket is available for all offered US listed equity, ETF and index options.  

Saxo Bank adds multi-legged options strategies to SaxoTraderGO

Steffen Wegner Mortensen

Head of PR and Public Affairs

+45 3977 6343 
press@saxobank.com

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.

Trade responsibly
All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

Apple and the Apple logo are trademarks of Apple Inc, registered in the US and other countries and regions. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.