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Saxo Bank Receives Six Awards at the Euromoney Annual FX Survey 2011

2011-05-06 12:15 2706

HONG KONG, May 6, 2011 /PRNewswire-Asia/ -- Saxo Bank, parent company of Saxo Capital Markets HK Limited, has picked up six awards at the Euromoney annual FX survey 2011. The categories in which the online trading and investment specialist was voted into the top spot for are:

  • Best Improved Overall Market Share by Volume ($10bn - $25bn)
  • Best Improved Overall Market Share by Volume ($5bn - $10bn)
  • Best Speed of Execution
  • Best Research and Analytics
  • Best Effective Risk Management and Execution Strategies
  • Best Integrated Workflow and Compliance Solutions

Albert Maasland, Senior Vice President and Chief Executive of Saxo Bank London said at the awards ceremony in London last night: "These awards are an accolade to Saxo Bank's experience in the online trading business and its recognition in the market place. Saxo Bank received more award wins this evening than ever before in our history. This follows our best full-year results ever. I am honoured to accept these awards on behalf of our two founders and my colleagues. All six awards reflect our ongoing commitment to respond to our broad client base and provide the FX market with consistent competitive pricing and leading value-adding products and services."

The Euromoney annual Foreign Exchange survey is in its 22nd year. The survey is the industry's leading review of FX trading, research and e-business capabilities and is widely considered as the benchmark league table for the FX market. The awards are a reflection of the efforts of the wider FX industry to provide the tools and functionality that make trading FX more efficient. Results are based on qualitative responses from thousands of companies around the world. Last year over 11,700 votes were cast in the survey, including those of treasurers, traders and investors.

About Saxo Capital Markets HK Limited

Saxo Capital Markets HK Limited is a wholly-owned subsidiary of Saxo Bank A/S, an online trading and investment specialist. The company holds a Type 1 Regulated Activity (dealing in securities license) and Type 3 Regulated Activity (leveraged foreign exchange trading) licenses issued by the Securities and Futures Commission of Hong Kong.

Saxo Capital Markets HK Limited offers local trading services and expertise to private and institutional clients via SaxoTrader, its award-winning multi-asset trading platform. SaxoTrader is available directly through Saxo Capital Markets HK Limited or through one of its institutional clients. White Labelling is a significant business area for Saxo Capital Markets HK Limited, and involves customising and branding of its online trading platform for other financial institutions and brokers.

The Saxo Bank Group is headquartered in Copenhagen with offices in Australia, the Czech Republic, France, Greece, Italy, Japan, the Netherlands, Singapore, Spain, Switzerland, UK, and the United Arab Emirates.

In 2010, Saxo Bank was awarded "Best Online Trading Platform" by Shares magazine. The Institutional arm of the business also won "Best White Label Solution Provider" by World Finance and "Best Re-labeling Platform" by Profit and Loss.

For more information, please visit: www.saxomarkets.com.hk

Media contacts:

Saxo Capital Markets Pte Ltd
Celeste Fong
+65-6303-7713
xcfo@saxomarkets.com.sg 
Source: Saxo Capital Markets Pte Ltd
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