Saxo launches new trading platform for active traders and institutional clients in Singapore

Saxo, the leading Fintech specialist focused on multi-asset trading and investment, continues to shape the future of trading with the launch of SaxoTraderPRO, a new user-friendly professional grade trading platform.

Today in Singapore, Saxo launches SaxoTraderPRO, a new trading platform for active traders and institutional clients offering a unique combination of a feature-rich trading platform and ease of use.

Available free for Saxo clients, SaxoTraderPRO is an advanced multi-screen trading solution offering a fully customisable workspace for both Windows and Mac.

Christian Hammer, Head of Platforms, Saxo Bank, said, “We are very proud to introduce this sophisticated trading tool to active retail traders and institutional clients, as we know they demand unparalleled access to global capital markets. They also want a high level of control through advanced trading tools, fast and reliable execution and extensive customisation options to fit their individual trading needs.”

Asian investors are savvy and want control managing their local and global investments, and there is a strong demand for an advanced trading platform to help active traders achieve their objectives.

“To ensure their needs are met, we placed our clients at the centre of the development process, soliciting constant feedback on early prototypes and A/B testing to support in-lab usability studies. A lot of unique features of SaxoTraderPRO were developed in this manner based on specific feedback from our beta users,” Hammer added.

As a leading facilitator in global capital markets, Saxo allows private and institutional clients to trade more than 40,000 financial instruments across asset classes. Clients can trade ETFs, Stocks, Bonds, CFDs, Fx, Futures and Options that are cross margined from a single account.

Kim Fournais, Founder and CEO, Saxo Bank, 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 democratise trading and investment, essentially providing traders and investors with the same professional tools and market access as fund managers and large financial institutions.

I am proud that we yet again deliver on our vision with the launch of SaxoTraderPRO. Based on our scalable business model and efficient technology, SaxoTraderPRO offers intuitive and free access to tools and functionality that has previously been the preserve of a select few and carrying hefty fees.”

SaxoTraderPRO’s Asia launch this week in Singapore follows its successful launch in Hong Kong, UK and Denmark. “Asia is a strategically important region for us, and we constantly strive to improve our product offering to service traders and investors in Asia as well as partnerships where we deliver Banking-as-a-Service to banks, brokers and Fintechs. We recently moved to larger offices in Hong Kong and appointed Vivienne Yu as CEO of Greater China to lead Saxo Capital Markets’ retail and wholesale business growth in the Greater China area,” Fournais added.

Catering to active retail traders and institutional clients, SaxoTraderPRO will replace the current SaxoTrader platform, while SaxoTraderGO continues to cater to a wider range of retail traders and investors. SaxoTraderPRO is available to download free at https://www.home.saxo/en-sg/platforms/saxotraderpro.

Key features of SaxoTraderPRO:

Usability: An intuitive, fully customisable professional-grade trading platform for active traders

• Supports up to six screens on Windows and Mac and is configurable across workstations
• Works on Windows and Mac
• Lots of useful functionality - zoom, drag and drop, right click menu, link modules, “Save As” and much more

Advanced trading tools: New high-performance tools to manage and execute orders and analyse market data.

• Enhanced Trade Ticket with one-click trading, shortcuts and many order types including algo orders
• Place and manage orders in relation to the Level 2 order book in real time
• Time and Sales to view real-time exchange tick data
• Clients can choose between “Real Time Netting” or “End Of Day netting” of individual trades

Innovative Risk Management: New integrated risk-management tools

• Account shield to protect overall account balance
• Custom margin alerts and margin utilisation breakdowns
• Quick-close positions & cancel all orders

Best in class reporting: Available in platform or as PDFs / Excel files

• Performance overviews including realised and un-realised P/L
• Detailed P/L drill down based on sector, asset, class, instrument, time period etc.
• Full transparency of different cost elements
• Comprehensive portfolio reports