Saxo Launches USD 9,000 Trading Competition on TradingFloor.com
Saxo Bank, the trading and investment specialist, has launched Saxo Trade Challenge, a trading competition open to Saxo Bank A/S clients with a minimum funding of USD 2,000 equivalent by 26 October.
Saxo Trade Challenge will reward the top three performing traders on its award-winning, multi-asset social trading site, TradingFloor.com, over a seven week period, from 27 October to 18 December.
The prize pool for the competition totals USD 9,000, with first, second and third place winners of the competition to be announced on 19 December. The winner will be the investor on TradingFloor.com with the highest positive return generated during the competition period.
The competition is open for entry from 3-26 October, 2014, after which trading commences.
Commenting on the launch of the competition, Rune Bech, Global Head of Digital Media and Communications, said:
“Social trading is gaining popularity amongst retail investors. TradingFloor.com has generated and continue to generate high performing, active users. They want to be empowered to seize every opportunity that arises in the marketplace, and learn from their peers rather than paid professionals. Since commercial launch in April the number of unique users has grown rapidly and the growth ratio is expected to continue as we activate further the new language versions in German, French, Russian, Greek, Turkish, Spanish and Latin Spanish.”
“The Saxo Trade Challenge competition gives them the perfect opportunity to prove their trading prowess with the full range of Saxo trading tools at their disposal. We look forward to identifying the winners and rewarding them - let battle commence.”
#TradeChallenge
At Saxo we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest.
Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions. As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo has more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.
For more information, please visit: www.home.saxo