More than 55 per cent of total revenue from Saxo Bank’s private clients is now generated from trades on SaxoTraderGO, just a year after the launch of the the platform.
Half a year ago, SaxoTraderGO was rolled out to the bank’s white label partners and today more than 100 white label partners are live with GO, offering their end clients the platform in the 28 supported languages.
Saxo Bank has also unveiled a new global equities market overview on SaxoTraderGO incorporating a number of new modules – Indices, Gainers and Losers, News, Calendar Events and Overview Chart.
Saxo Banks OpenAPI allows clients and White Labels to customise and enhance their trading experience. Last month Saxo announced that users of Wallstreet CN, one of the most popular financial content providers in Greater China, will be able to access and trade Forex on their platform.
Christian Hammer, Head of Platforms, Saxo Bank, says: “Our initial design focus was to make the new trading and investment platform as intuitive and simple as possible while providing clients access more than 35,000 instruments across ETFs, stocks, bonds, CFDs, Forex, Futures and Options from one account.”
During the rest of 2016, SaxoTraderGO will be further upgraded with a number of new features such as fully integrated technical analysis, new stock screener, option chain and the ability for White Label partners to upload own content.
Hammer says: “One of the most interesting new services we offer on SaxoTraderGO is an automated investment and trading service called SaxoSelect. It allows clients to invest in various strategies that are automatically re-balanced by Saxo Bank while clients maintain full visibility and can see the individual holdings in SaxoTraderGO. For instance we offer well diversified investment portfolios based on ETFs in cooperation with BlackRock. It is unique to offer clients the possibility to both pick their own trades as well as invest into managed portfolios all from SaxoTraderGO.”
