SaxoTraderGO, Saxo Bank
SaxoTraderGO, Saxo Bank

After a year of Saxo Bank’s trading platform SaxoTraderGO launch, we can see that this new generation platform proved to be a success according to the officiela statement of the bank.

Saxo Bank informs that 55% of total revenue from private clients comes from trades on SaxoTraderGO now, reaching the status of top Saxo platform across all client segments.

Half a year ago, SaxoTraderGO started to be provided to the Saxo Bank white label partners and today more than 100 white label partners have taken this opportunity, offering their end clients the platform in the 28 supported languages.

On this anniversary, Saxo Bank has unveiled the new global equities market overview on SaxoTraderGO incorporating a number of new modules: Indices, Gainers and Losers, News, Calendar Events and Overview Chart.

SaxoTraderGO was also connected to Saxo’s commitment to provide access to its trading infrastructure via the bank’s OpenAPI. This allows clients and external developers to access over 20 years of trading infrastructure innovation. The OpenAPI allows clients and White Labels to customise and enhance their trading experience.

Last month Saxo Bank announced that users of Wallstreet CN, one of the most popular financial content providers in Greater China, will be able to access and trade Forex on their platform by leveraging the power of the OpenAPI.

Christian Hammer, Head of Platforms at Saxo Bank, stated:

“Our initial design focus was to make the new trading and investment platform as intuitive and simple as possible while providing clients access more than 35,000 instruments across ETFs, stocks, bonds, CFDs, Forex, Futures and Options from one account.”

Next steps for this year at Saxo Bank shall be related to further upgrades of SaxoTraderGO like as fully integrated technical analysis, a new stock screener, option chain and the ability for White Label partners to upload their own content. We could already seen couple of interesting ones like, global equity markets overview, charts now supports a multi-screen setup, login using touchID on supported devices, chat directly with Saxo service staff through web, tablet and mobile or an equity research with deep fundamental data on more than 10,000 global stocks.

Christian Hammer added:

“One of the most interesting new services we offer on SaxoTraderGO is an automated investment and trading service called SaxoSelect. It allows clients to invest in various strategies that are automatically re-balanced by Saxo Bank while clients maintain full visibility and can see the individual holdings in SaxoTraderGO. For instance we offer well diversified investment portfolios based on ETFs in cooperation with BlackRock. It is unique to offer clients the possibility to both pick their own trades as well as invest into managed portfolios all from SaxoTraderGO.”

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