In parallel with the price advantages, we’ve proven that digital bond trading is faster than the traditional manual trading method. Of all trades from our clients since launch our records show that it takes no more than 41 seconds for a trade to be executed and booked to the client’s account via our digital bonds trading platform. This is a dramatic improvement on the manual method of bonds trading that can potentially take minutes, hours or even days to be executed.
In addition to our own clients, where we see some of our biggest success as measured by actions is from many of our partner banks who are very excited about the digital bond technology, as they see a great opportunity to reduce cost and complexity and add very concrete value to their end clients.
As Saxo we are strategically focused on becoming the preferred provider of trading and investing infrastructure to big banks and financial institutions. This is a journey which we started back in 2001 when we made our first white label deal and it is a vision we are constantly expanding, most recently with the release of our “banking as a service” product.
Our partner companies can see that it will take a lot of time and investment to create a trading platform with the advanced functionality that we offer. Rather than starting from scratch themselves, they can see the value in partnering with us instead to stay ahead of the competition.
These innovations are all possible through the use and clever application of technology and robotics. Where once trading and investments was for only elite investors, we have now been able to democratise bond trading so there is no longer any barrier to entry. Now is the time to let technology do its job. For a brief tutorial on how to trade bonds in SaxoTraderGO, click here.