Danish online bank Saxo has launched a new platform for active traders and institutional clients in Singapore.
SaxoTraderPRO is a new trading platform for active traders and institutional clients. The Denmark-based fintech firm switched-on its latest trading tool in Singapore. The Singapore launch follows its roll-out in the U.K., Denmark and Hong Kong.
«Asian investors are savvy and want control managing their local and global investments, and there is a strong demand for an advanced trading platform,» said Christian Hammer, head of platforms, Saxo Bank.
Chinese Deal and Asian Expansion
Saxo 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 October 2017, Saxo Bank announced that Geely Group offered to buy a majority stake in Saxo Bank, while Sampo Group offered to take up a stake of 19.9 percent of the Bank. Geely has now received approval from the Danish Financial Supervisory Authority to buy the shares.
