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One year from launch and 60% of MENA client trades executed via SaxoTraderGO
UAE, 15 June, 2015
Saxo Bank, the multi-asset trading and investment specialist, today announced that SaxoTraderGO has been recognised with the Best Mobile Trading Platform award at the annual JFEX Expo and Awards, in Amman Jordan.
The event was attended by more than 2000 investors, traders and financial markets participants and is one of Jordan's most prestigious investment exhibitions.
This award win is further recognition for SaxoTraderGO, the multi-asset trading platform which, since its launch only one year ago, has already grown to be Saxo Bank's most popular platform across all client segments. SaxoTraderGO now accounts for around 60% of revenue generated in the MENA region and almost two thirds of all trades from MENA clients utilize the platform.
Commenting on the award win, Fadi Mehdi, Head of Saxo Bank's representative office in Abu Dubai, said: "We are honoured that the success and popularity of the SaxoTraderGO platform has been recognized with this award. Since the launch of SaxoTraderGO a year ago we have seen that 86% of traders have experienced the platform. The seamless transition between devices and user-friendly navigation have been at the heart of the trading community's overwhelming endorsement of SaxoTraderGO."
Fadi Mehdi added: "Over the past year since the launch of SaxoTraderGO we have continually released new updates to make the trading experience as intuitive and simple as possible while providing clients access to more than 35,000 instruments across ETFs, stocks, bonds, CFDs, Forex, Futures and Options from one account."
SaxoTraderGO, which has been written entirely in HTML5, pioneers the trading industry's definitive move towards seamless trading on multiple devices and away from legacy proprietary systems of the past.
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Amir Najjar, Tactix Consulting
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a.najjar@tactixconsulting.com
About Saxo Bank Group
The Saxo Bank Group (Saxo) is an online multi-asset trading and investment specialist, offering a complete set of trading and investment technologies, tools and strategies.
A fully licensed and regulated bank, Saxo enables private and institutional clients to easily trade multiple assets from a single margin account on multiple devices seamlessly.
Saxo's award winning trading technology platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Saxo also offers traditional banking services through Saxo Privatbank in select markets.
Founded in 1992 and headquartered in Copenhagen, Saxo employs 1500 people in 25 offices across the five continents.
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