Saxo Bank continues to be recognised for unrivalled FX offering
Saxo Bank awarded multiple accolades by FX Week, Finance Magnates, HFM Asia Hedge Fund Services and Global Finance
Saxo Bank, the online multi-asset trading and investment specialist, today announces that it has won Best Prime of Prime House in FX Week’s Best Banks Awards and Best Forex Broker and Best Prime of Prime/Retail Liquidity Provider in the Finance Magnates Awards.
Recognized by industry experts as benchmarks for the global foreign exchange industry the awards are indicative of Saxo’s continued status as a market leader in FX. These award wins follow other recent accolades for Saxo Bank for its FX expertise including “Best Overall Boutique Prime Broker” in HFM Asia Hedge Fund Services and “Best FX Provider in Denmark” in Global Finance’s World’s Best FX Providers awards.
As one of the early innovators in providing FX trading solutions, Saxo Bank launched its first FX trading platform in 1998. Today, Saxo Bank’s FX platforms and innovative technology driven prime brokerage caters to retail clients, direct institutional clients (including White Label clients) and retail aggregators.
Aiming to lead the way in reforms of the FX industry, Saxo Bank has recently focused on enhancing its FX offering in three areas: Pre-Trade Margin Controls, Order Driven Execution and multi-site cross-collateralization.
Commenting on the various award wins Kurt vom Scheidt, Global Head of Foreign Exchange at Saxo Bank, said,
"We are delighted to have been recognized once again as a technology driven leader in the industry. Our full suite of services for FX clients is being continuously enhanced around our core pillars: market access, liquidity, and technology wrapped in innovative and stable services delivering best execution for our clients. These four prestigious awards wins are testament to this continued commitment and we look forward to delivering further upon this vision into 2017.”
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.