Tag: insitutional

insitutional

Saxo Bank Releases New Institutional FX Platform

Saxo Bank has launched a new version of its institutional trading platform, dubbed SaxoTraderPRO, which is aimed at active traders and institutional clients

The platform is multi-screen, offering a fully customisable workspace for both Windows and Mac with no monthly fees, the firm says. It will replace the current SaxoTrader platform, while SaxoTraderGO will continue to cater to a wider range of retail traders and investors.

Kim Fournais, founder and CEO, says: “We were a fintech before the term was created and the core of Saxo Bank has always been our trading technology and trading platforms. We strive to democratise trading and investment, essentially providing traders and investors with the same professional tools and market access as fund managers and large financial institutions.”

Exclusive: Currenex Launches X2 Platform for Institutional Clients

Currenex has launched a new trading platform, X2, designed in response to the changing liquidity profile of the FX market and the evolving requirements of institutional FX traders.

One important feature of the new platform is that it is based on HTML5 technology, in contrast to the Java-based multibank front ends that populate the market today.

Speaking exclusively to Profit & Loss Rick Schonberg, global head of product for trading and clearing and the North American head of trading solutions at Currenex, says that although Java “serves its purpose today and will for many years”, there are advantages to having an HTML5-based front end.