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Trading Goes Totally Mobile With Saxo Bank Product Offering

Tom Burroughes

23 May 2008

Denmark’s Saxo Bank has introduced a mobility-enhancing version of its multi-asset class trading platform SaxoTrader.

SaxoWebTrader 2.0, and SaxoMobileTrader 2.0, will allow clients to trade anywhere anytime with instant access to liquidity available via Saxo Bank, it said.

Increasing investor sophistication combined with highly mobile lifestyles has meant that individual investors and traders are constantly accessing their portfolios on the go. This is especially true in the case of currency trading - a global market that trades around the clock.

SaxoWebTrader and SaxoMobileTrader 2.0 allow clients to access the interface from any application with browsing capabilities from a laptop to a Blackberry TM or mobile phone.

Responding to the customer demand for mobility, usability and performance, Saxo Bank has incorporated the best features of SaxoTrader - which needs to be downloaded before use – in an online environment. This means that clients can access real time account information, streaming prices and the tools to trade and manage their positions at anytime from any location.

As WealthBriefing reported recently, Saxo, along with other wealth management firms and online brokerages, are increasingly making it easy for high net worth individuals to trade forex and other assets online in ways that have been until recently the preserve of professional investors and large institutions.