Saxo Bank launches new trading platform for active traders, institutions across MENA
Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, launches new trading platform for active traders and institutional clients across the Middle East.
Boasting a unique combination of feature-rich trading platform and ease-of-use accessibility, SaxoTraderPRO is an advanced, multi-screen trading platform offering a fully customizable workspace for both Windows and Mac with no monthly fees.
Kim Fournais, Founder and CEO, said: “We were a Fintech before the term was created and the core of Saxo Bank has always been our multi asset trading technology and trading platforms. We strive to democratize trading and investment, essentially providing traders and investors with the same professional tools and market access as fund managers and large financial institutions.
“I am proud that we yet again deliver on our vision with the launch of SaxoTraderPRO. Based on our scalable business model and efficient technology, SaxoTraderPRO offers intuitive and free access to tools and functionality that has previously been the preserve of a select few and carrying hefty fees.”
SaxoTraderPRO has its foundation in Saxo Bank’s unparalleled global capital markets access. As a leading facilitator in global capital markets, Saxo Bank connects private and institutional clients with more than 100 global liquidity providers and exchanges to offer access to more than 35,000 financial instruments across asset classes. Clients have access to ETFs, Stocks, Bonds, CFDs, Forex, Futures and Options that are cross margined from a single account.
Catering to active traders and institutional clients, SaxoTraderPRO is set to replace the current SaxoTrader platform, while SaxoTraderGO continues to cater to a wider range of retail traders and investors.
Christian Hammer, Head of Platforms, added: “The number of knowledgeable and experienced active traders in the MENA region is on an upward trajectory amidst an accelerated regional economic growth outlook. As more and more regional investors seek to preserve and grow their wealth, we know that our active traders and institutional clients demand unparalleled access to global capital markets combined with a high level of control through advanced trading tools, fast and reliable execution and extensive options for customizations to fit their individual trading needs.
“To ensure exactly that, we’ve worked with the latest front-end technologies such as
HTML5/JS/REACT which connect to a single REST API that clients can also access directly to develop their own bespoke functionality for trading, risk monitoring or reporting purposes. We have also placed our clients at the center of the development process with constant feedback, early prototyping and A/B testing with in-lab usability studies. A lot of unique features have been developed based on specific feedback from our beta users like the margin break down module to help our clients manage their risk.”
