SINGAPORE--(Marketwire - Apr 25, 2012) - Saxo Bank, parent company of Saxo Capital Markets, has won two awards at this year's World Finance 2012 Foreign Exchange Awards. Being the online trading and investment specialist, Saxo Bank walked away with the Best White Label Solution Provider and Best Mobile Trading Platform awards.
White labelling today makes up almost half of Saxo Bank's business, with over 100 clients and international recognition. Its ongoing investment in technology and forward-thinking approach has led to the success of the business and wide acknowledgement in the industry, World Finance said.
Saxo Bank's new market information and trading app for iPhone® & Android™ is free to download and provides a wealth of free financial market content such as news, analysis, video blogs, commentary, research, a financial calendar, quotes and charts on more than 13,000 instruments. It is equipped with cross platform capabilities and is optimised for fast and responsive finger touch trading.
In the middle of April, Saxo Bank completed the roll out of the app to white label clients. On the first trading day following the roll out, no less than 89% of all mobile trading volume came from the new trading app. This is up from an average of 55% for the first half of April, making it the fastest uptake of any new platform in the history of Saxo Bank.
Kim Fournais, co-founder and CEO of Saxo Bank, says:
"These awards could not have been achieved without our fantastic employees around the world. We owe a big thank you to everyone for their hard work and dedication. We will continue with our aim to be the preferred Bank for our white label clients, traders and active investors trading multi-product asset classes on a global level. Our goal has always been to give the best possible tools and service to our clients, and we are proud that these awards are a clear reflection of our efforts."
Full interview with Kim Fournais is available here: http://www.worldfinance.tv/brokerage/saxo-bank-kim-fournais-pioneering-brokerage-services/
Disclaimer
Saxo Capital Markets Pte. Ltd. ("Saxo Capital Markets") is licensed as a Capital Market Services provider and an Exempt Financial Advisor, and is supervised by the Monetary Authority of Singapore.
You should carefully consider whether trading in leveraged products is appropriate for you in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, you could both gain and lose large amounts of money. You may sustain losses in excess of the monies you initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.
For further information, please see http://sg.saxomarkets.com/about-us/general-disclaimer
Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc. Use of this trademark is subject to Google Permissions.
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About Saxo Capital Markets
Saxo Capital Markets Pte Ltd is a wholly-owned subsidiary of Saxo Bank A/S, the Copenhagen-headquartered online trading and investment specialist. It serves as the Asia Pacific headquarters and holds a Capital Markets Services license from the Monetary Authority of Singapore. Saxo Capital Markets also holds a Commodity Broker licence from The International Enterprise Singapore.
Clients can trade Forex, CFDs, Stocks, Futures, Options and other derivatives via SaxoWebTrader and SaxoTrader, its leading multi-asset online trading platforms.
SaxoTrader is available directly through Saxo Capital Markets or through one of its institutional clients. White labelling is a significant business area for Saxo Capital Markets, and involves customising and branding of its online trading platform for other financial institutions and brokers.
About World Finance
World Finance is a bi-monthly magazine and website which provides in-depth coverage and analysis of the financial industry and global economy.
Since 2007, the World Finance Awards have been celebrating achievement, innovation and brilliance in their annual awards. World Finance boasts legitimately independent, expert thought on her judging panel, which draws on 230 years of financial journalism experience, and more importantly, the award winners -- and even the award nominees -- are chosen by the readership or public.
The World Finance awards are the only industry honours given on the basis of voter participation, and she actively welcomes, and considers, any and all submissions to the nomination process.
Please visit http://www.worldfinance.com for more information.
Contact Information:
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Saxo Capital Markets Pte Ltd
Mychelle Chen
Tel: +65 6303 7712
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