UAE: Saxo Bank, the online investment bank has introduced a mobility-enhancing version of its multi-asset class trading platform SaxoTrader. SaxoWebTrader 2.0, and Saxo SaxoMobileTrader 2.0, will allow clients to trade anywhere anytime with instant access to liquidity available via Saxo Bank.
Increasing investor sophistication combined with highly mobile lifestyles has meant that individual investors and traders are constantly accessing their portfolios on the go. This is especially true in the case of FX trading - a truly global market that trades around the clock. With market volatility at its peak and speed offering the key to profiting from market movements, MobileTrader and WebTrader come at a crucial time for both Saxo Bank's retail clients and white-label partners' clients.
"We are pleased to be launching SaxoWebTrader and SaxoMobileTrader 2.0 at a time when volumes and volatility demand that clients are constantly engaged in managing and trading their portfolios." says Stephan Martinussen, head of Global Solutions at Saxo Bank. "As an extension of SaxoTrader, WebTrader and MobileTrader have evolved with the sophistication of our client base and satisfy the growing demand for real-time information and trading mobility."
SaxoWebTrader and SaxoMobileTrader 2.0 allow clients to access the interface from any application with browsing capabilities from a laptop to a Blackberry TM or mobile phone. Responding to the customer demand for mobility, usability and performance, Saxo Bank has incorporated the best features of SaxoTrader - which needs to be downloaded before use - in an online environment. This means that clients can access real time account information, streaming prices and the tools to trade and manage their positions at anytime from any location.
With extensive market analysis, 160 tradable FX crosses and more than 5000 CFDs SaxoWebTrader 2.0 and MobileTrader 2.0 maintain the functionality and security of the SaxoTrader 2 platform. Using a single account login, clients are also able to switch between interfaces to suit their lifestyle and can close positions on SaxoWebTrader that were initially opened on SaxoTrader, or vice versa. With clients already signed, Saxo Bank plans to introduce equities, Futures and other products onto SaxoWebTrader and SaxoMobileTrader later on in 2008.
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About Saxo Bank A/S
Saxo Bank A/S is a global investment bank specialising in online investments in international Capital Markets. Saxo Bank enables clients to trade currencies, shares, CFDs, futures, options and other derivatives, as well as providing portfolio management via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is available to today's investor directly through Saxo Bank or through one of our global partnerships, where it forms an integral part of their infrastructure. One of Saxo Bank's significant areas of business is White Labelling. This involves the bank's online trading platform being customised and branded for other financial institutions and brokers. Saxo Bank has more than 100 White Label Partners and boasts thousands of clients in over 177 countries. Saxo Bank currently employs more than 1,300 employees from 62 different countries.
Saxo Bank is headquartered in Copenhagen with offices in London, Geneva, Zürich, Singapore and Marbella. It also runs a representative office in Beijing and an IT development centre in St. Petersburg.
Saxo Bank:
Sharon Pereira,
PR Manager,
Dubai,
+971 50 1734341/ sharon@matrixdubai.com
© Press Release 2008
