Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, has amplified its regional offering with the MENA launch of SaxoTraderPRO, a new trading platform for active traders and institutional clients.
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.”
More information is available here: home.saxo/platforms/saxotraderpro
Key features of SaxoTraderPRO:
Usability: An intuitive, fully customisable professional-grade trading platform for active traders
- Supports up to six screens on Windows and Mac and is configurable across workstations
- Works on Windows and Mac
- Lots of useful functionality - zoom, drag and drop, right click menu, link modules, “Save As” and much more
Advanced trading tools: New high-performance tools to manage and execute orders and analyse market data.
- Enhanced Trade Ticket with one-click trading, shortcuts and many order types including algo orders
- Place and manage orders in relation to the Level 2 order book in real time
- Time and Sales to view real-time exchange tick data
- Clients can choose between “Real Time Netting” or “End Of Day netting” of individual trades
Innovative Risk Management: New integrated risk-management tools
- Account shield to protect overall account balance
- Custom margin alerts and margin utilisation breakdowns
- Quick-close positions & cancel all orders
Best in class reporting: Available in platform or as PDFs / Excel files
- Performance overviews including realised and un-realised P/L
- Detailed P/L drill down based on sector, asset, class, instrument, time period etc.
- Full transparency of different cost elements
- Comprehensive portfolio reports
Media enquiries
Mohammad Akkawi,
Account Manager
Action UAE
+971 55 394 1044
mohammad.a@actionprgroup.com
About Saxo Bank
Saxo Bank Group (Saxo) is a leading Fintech specialist focused on multi-asset trading and investment and delivering ‘Banking-as-a-Service’ to wholesale clients.
For 25 years, Saxo’s mission has been to democratize investment and trading, enabling clients by facilitating their seamless access to global capital markets through technology and expertise.
As a fully licensed and regulated bank, Saxo enables its direct clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides wholesale institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology, supporting the full value chain delivering Banking-as-a-Service (BaaS).
Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Founded in 1992 and launching its first online trading platform in 1998, Saxo Bank was a Fintech even before the term was created. Headquartered in Copenhagen Saxo Bank today employs more than 1500 people in financial centers around the world including London, Paris, Zurich, Dubai, Singapore, Shanghai, Hong Kong and Tokyo.
