Saxo Bank adds China A-shares to its multi-asset offering
Competitive commission rates and access to China growth opportunities through the Hong Kong Stock Connect link
19 June 2018 – Saxo Bank, the leading fintech specialist focused on multi-asset trading and investing, announces today that it has added access to China A-shares to its global multi-asset offering.
Saxo Bank clients are able to trade A-shares listed on the Shanghai and Shenzhen stock exchanges. Access will be enabled via the Hong Kong Stock Connect link, a collaboration between the Hong Kong, Shanghai and Shenzhen Stock Exchanges, which allows international and Mainland Chinese investors to trade securities in each other's markets. The offering will be available in all Saxo Bank’s markets besides from UK and Japan, which will be rolled out at a later stage.
Saxo Bank is adding the shares at a particularly interesting time with Chinese A-shares recently added to the MSCI Emerging Markets index and regulators have recently quadrupled the daily quota available for trading through the Stock Connect program.
Commenting on the launch, Kim Fournais, CEO and founder, Saxo Bank, said:
“The addition of China A-shares strengthens our multi-asset offering for traders and investors and gives our clients access to some very interesting investment opportunities. The launch is a major milestone in building the product range which will make Saxo Bank a leading a “gateway” to investments in Chinese markets.”
“China is the greatest growth story of our century and the appetite among investors to access this growth through capital markets is significant. Investors have been somewhat underweight in their exposure to Chinese stocks and coupled with the recent addition of Chinese A-shares to the MSCI emerging market index, interest in these shares is increasing.”
Saxo Bank continues to offer some of the most competitive commission rates for trading financial instruments and China A-shares are no exception.
Saxo Bank provides one of the deepest and most comprehensive multi-asset trading platforms available. The addition of China A-shares further strengthens Saxo Bank’s foundations as a provider of unparalleled access to global capital markets. Through its connectivity to more than 100 global product and liquidity providers, Saxo Bank offers access to over 35,000 financial instruments across asset classes, including ETFs, Stocks, Bonds, CFDs, Forex, Futures and Options that are cross margined from a single account.
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 www.home.saxo.