Denmark-based fintech specialist Saxo Bank has introduced new professional grade trading platform for active traders and institutional clients.
SaxoTraderPRO is a new multi-screen trading platform developed to replace the current SaxoTrader platform and serve a range of retail traders and investors.
The trading platform, which can be configured across workstations, supports up to six screens on Windows and Mac.
SaxoTraderPRO features advanced tools to manage and execute orders, as well as analyze market data. It helps to place and manage orders in relation to the level two order book in real time.
Saxo Bank will provide the new trading platform across its operating markets in the coming months. The platform will be initially launched in the UK and Denmark and then APAC.
The platform also combines harts, notifications, and trade modules for each instrument of interest to build personalised workflows.
The new integrated risk-management tools such as account shield helps to protect overall account balance, while custom margin alerts and margin utilisation breakdowns, and quick-close positions and cancel all orders.
Saxo Bank helps private and institutional clients to connect with over 100 global liquidity providers and exchanges, allowing them to access more than 35,000 financial instruments across asset classes.
Saxo Bank founder and CEO Kim Fournais 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.”
Saxo Bank platforms head Christian Hammer said: “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.”
Image: Saxo Bank headquarters in Hellerup, Denmark. Photo: courtesy of Jensejnerjep.
References
- ^ BBR Staff Writer (riskmanagement.banking-business-review.com)
