Saxo Markets launches Malaysian equities for investors
Available via all Saxo platforms and apps, Saxo clients can now access over 400 Malaysian stocks and ETFs for online trading, across sectors such as technology, electrical and electronics (E&E), and commodities
SINGAPORE, 26 March 2020 – Saxo Markets, the leading Fintech specialist focused on multi-asset trading and investment, today announces the launch of Malaysian equities on Saxo platforms via Bursa Malaysia. With this made available, Saxo clients can now access over 400 Malaysian stocks and ETFs for online trading, across sectors such as technology, electrical and electronics (E&E), and commodities.
Investment Trends’ latest research into the investor market in Singapore found that Malaysia is one of the most popular international markets for Singaporeans, behind only the US, China and Hong Kong. Providing access to Bursa Malaysia is a response to investor needs as they look for overseas exposure.
Saxo clients can benefit from even greater choices when they trade and invest with Saxo. With the addition of Bursa Malaysia, Saxo expands its already broad range of products, now covering 37 global exchanges and over 40,000 products. This makes Saxo one of the best in the market when it comes to unparalleled access to global capital markets online. In addition, the Malaysian market can be traded from any account and currency, and Saxo also offers Malaysian Ringgit funding for people with a Malaysian Ringgit bank account to trade Malaysian equities and ETFs.
“We are incredibly excited to be able to provide our clients even more choice on our platform now through the Malaysian equities. Clients can continue to enjoy competitive rates, from 0.20% commission, minimum RM 50 for Classic clients, which is extremely attractive compared to other major players. At the same time, clients in Singapore looking for overseas exposure will now have easy access to a popular international market,” Adam Reynolds, CEO Asia Pacific, Saxo Markets, said.
For more information, please visit https://www.home.saxo/en-sg/campaigns/bursa-malaysia.
Saxo Markets is a licensed subsidiary of Saxo Bank, a leading Fintech specialist that connects people to investment opportunities in global capital markets. Saxo Markets has operated in Singapore since 2006 and serves as the APAC headquarters. As a provider of multi-asset trading and investment, Saxo Bank’s vision is to enable people to fulfil their financial aspirations and make an impact. Saxo’s user-friendly and personalised platform experience gives investors exactly what they need, when they need it, no matter if they want to actively trade global markets or invest into their future.
Founded in 1992, Saxo Bank was one of the first financial institutions to develop an online trading platform that provided private investors with the same tools and market access as professional traders, large institutions, and fund managers. Saxo combines an agile fintech mindset with close to 30 years of experience and track record in global capital markets to deliver a state-of-the-art experience to clients. The Saxo Bank Group holds four banking licenses and is well regulated globally. Saxo offers clients around the world broad access to global capital markets across asset classes, where they can trade more than 60,000 instruments in over 26 languages from one single margin account. The Saxo Bank Group also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology.
Headquartered in Copenhagen, Saxo Bank’s client assets total more than 95 billion USD and the company has more than 2,500 financial and technology professionals in financial centers around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo.
For more information, please visit: www.home.saxo/en-sg/.