Saxo Bank Named Best Retail Platform and Best FX White Label Liquidity Service at the 9th Annual e-FX Awards

NEW YORK, July 11, 2012 /PRNewswire/ --

Saxo Bank is a double winner of this year's e-FX Awards: The online trading and investment specialist has been awarded "Best Retail Platform" and "Best FX White Label Liquidity Service" at last night's award ceremony in New York, hosted by FX Week and attended by senior FX practitioners. The e-FX awards are highly regarded in the industry for recognising innovation and excellence across the FX market.

Saxo Bank's trading platforms have defined the company's success in the online trading space for over a decade. However, it's the first time since 2008 that the Bank won the prestigious e-FX award for "Best Retail Platform". The SaxoTrader platforms are accessible via desktop, web, and mobile devices allowing trading from anywhere at any time on any device. The online trading platforms offer a breadth of functionalities including currencies, commodities, CFDs, Stocks, Futures, Options and other derivatives. In 2012, Saxo Bank launched a new market information and trading app. for iPhone® & Android. The new app is free to download and provides a wealth of free financial market content such as news, analysis, video blogs, commentary, research, financial calendar, quotes and charts on more than 13,000 instruments.

Saxo Bank's White Label solution is designed for other financial institutions that require a market leading on-line trading platform for their clients. It facilitates ownership and control of banks' relationships with their clients whilst maintaining full client anonymity from Saxo Bank. It also provides access to a fully branded and customised trading solution for banks to distribute their own FX liquidity to their clients. Saxo Bank's White Label solution is a multi-asset offering with more than 20,000 financial products, including FX, Stocks, CFDs and commodities. Saxo Bank also won the "Best Liquidity Distribution Service" award in 2011.

In a joint statement Kim Fournais and Lars Seier Christensen, co-founders and co-CEOs of Saxo Bank, said:

"These awards are the direct result of the commitment of our employees around the world. Without their hard work and dedication Saxo Bank would not be where we are today. Our aim remains to be the preferred bank for our retail and white label clients, traders and active investors trading multi-product asset classes on a global level. Our goal has always been to give the best possible tools and service to all our clients, and we are proud that these awards are a clear reflection of our efforts."

About Saxo Bank

Saxo Bank is a leading online trading and investment specialist. A fully licensed and regulated European bank, Saxo Bank enables private investors and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via three specialised and fully integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application available in over 20 languages. Saxo Bank also offers professional portfolio and fund management through Saxo Asset Management who accommodates high-net worth private clients and institutional investors and provides banking services and advice to retail clients through Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East, Latin America and Australia.