2011-07-20 13:00 
SINGAPORE, July 20, 2011
/PRNewswire-Asia/ -- Saxo Capital Markets' parent company, Saxo
Bank, has won the "Best Liquidity Distribution Service" award at
the annual eFX Awards 2011 hosted by FX Week in New York on 14 July
2011.
At the core of Saxo Bank Group's
offering is its White Label solution for banks that require a
market leading on-line trading platform for their clients. The key
benefits of the solution are:
For institutional clients, such as
hedge funds and retail aggregators with sophisticated high trading
volumes, Saxo Bank Group's trading API compliments their needs by
making its multi-asset product range available in the client's own
systems via a low latency VPN, standard FIX protocol API. The
trading API extends Saxo's distribution services and makes
available its range of FX crosses and order routing for CFDs,
Stocks and Futures in the client's proprietary systems.
The founders and co-CEOs of Saxo
Bank Group, Kim Fournais and Lars Seier Christensen said in a joint
statement:
"Saxo Bank acts as a facilitator
linking liquidity from Tier-1-banks and access to over 20 exchanges
across the globe to our institutional and retail clients via our
integrated platforms. The award acknowledges this business model.
It makes us very proud and we are honored to accept the award."
The Saxo Bank Group was also
nominated for the "Best Retail Platform" award which was won by
Citi. Citi is a White Label Client of the Saxo Bank Group, and the
CitiFX Pro platform is powered by Saxo.
This year the awards were judged by
industry experts, Joel Clark, Editor, FX Week, Justyn Trenner,
Chief Executive, Client Knowledge, Sang Lee, Co-Founder and
Managing Partner, Aite Group and Rob Daly, Editor, Sell-Side
Technology.
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 moneys 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
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.
Saxo's position as an established FX
house and its leading role in the foreign exchange market has been
recognised by the industry's leading reviews. In 2011, the Saxo
Bank Group picked up six awards at the Euromoney annual FX survey
for the following categories: Best Improved Overall Market Share by
Volume ($10bn - $25bn) and ($5bn - $10bn), Best Speed of Execution,
Best Research and Analytics, Best Effective Risk Management and
Execution Strategies and Best Integrated Workflow and Compliance
Solutions. Saxo Bank was also named "Best Forex Broker in Northern
Europe" and "Best White Label Solution Provider" in the World
Finance Foreign Exchange Awards 2011.
For more information, please
visit www.saxomarkets.com.sg
Media contacts:
Saxo Capital Markets Pte Ltd
Celeste Fong
+65-6303-7713
[email protected]
SOURCE Saxo Capital Markets Pte
Ltd