Saxo Bank lays the foundation of the trading platform of the future with SaxoTraderGo
Saxo Bank, the online trading and investment specialist, continues to shape the future of trading with the launch of SaxoTraderGO, a new, intuitive multi-asset trading platform, available on desktop and mobile devices.
The platform was built from the ground up with focus on usability and performance and integrates seamlessly between desktop and mobile devices. The development of the platform also reflects one key trend: 20 per cent of the bank’s overall retail trading takes place through mobile devices, and this new platform allows them to access trading opportunities seamlessly as they switch between mobile and desktop environments.
SaxoTraderGO has one of the industry’s most intuitive user interfaces, featuring an easy to use navigation and clear separation between pre-trading, trading and post-trading services. Performance has further been improved by employing advance network acceleration and usage of the latest technologies such as WebSockets. The platform will be launched to Saxo’s retail clients in Paris, France on 4 May, with a rapid roll-out across all the markets in which Saxo operates.
Commenting on the launch, Saxo Bank’s EVP and Global Head of Sales, Products and Platforms, Matteo Cassina, said: “We know from our extensive research that Saxo Bank’s new breed of client wants a faster, better and more intuitive trading experience, and through this platform we are enabling them to be more nimble and active in the markets. We want to help them seize trading opportunities regardless of where they are.
“Saxo Bank and its founders have been a disruptive force in the industry for a long time, and far from resting on our laurels we continue to believe in positive disruption through innovation. Last year, Saxo Bank launched the world’s most ambitious multi-asset social trading platform with TradingFloor.com. This time, we are not only delivering to our clients the most intuitive multi-asset trading platform available, but we are also laying the foundations of the trading platform of the future.”
SaxoTraderGO, which has been written entirely in HTML5, signals the trading industry’s move away from legacy proprietary systems of the past. In doing so, Saxo is future proofing its platform by reducing reliance on third party plug-ins such as Flash or Silverlight. The launch also showcases the power of Saxo bank’s OpenAPI technology. SaxoTraderGO is implemented by accessing well documented REST-based interfaces, the Saxo Bank OpenAPI. This API will be the foundation for all future internal client trading platform developments at Saxo Bank. In the future, the OpenAPI will also be available to select external developers to build tailor-made apps or plugins that will tap directly into Saxo’s core trading systems.
Romain Grosjean, driver for Lotus F1 team, sponsored by Saxo Bank will be present at the launch event in Paris on 4 May together with Saxo Bank’s founders and co-CEOs.
At Saxo we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest.
Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions. As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo has more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.
For more information, please visit: www.home.saxo