(MENAFN Press) Singapore--MediaOutReach--25 April 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 on-going 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 & AndroidTM 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 mid 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/
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.
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