LONDON, November 28, 2014 /PRNewswire/ --
Saxo Bank, the online multi-asset trading and investment specialist, today announces that Saxo Capital Markets, its UK subsidiary, has won Best CFD Provider at the prestigious Investors Chronicle & Financial Times Investment Awards 2014.
The awards, independently voted for by the readers of the Financial Times and Investors Chronicle, aim to identify and recognise firms which deliver excellence in the investment industry.
Saxo Bank's footprint in listed products is growing rapidly and the bank has seen a five-fold increase in equity and CFD trading volumes since 2009. This growth follows a period of significant and ongoing investment in developing a truly multi-asset platform which underpins the bank's commitment to offer its clients access to the best trading and investment opportunities available. Today, through its platforms, Saxo Bank offers multi-asset trading capabilities with more than 30,000 financial products including FX, stocks, CFDs, commodities, futures, contract options and single stock options.
Commenting on the award win, Søren Nedergaard, Head of CFD's and Listed Products at Saxo Bank A/S, said: "We are thrilled to have received this award in a highly competitive market such as the UK. The award is testament to our ability to extend the excellence we pioneered in FX over two decades ago to listed products where our clients are taking an increasingly active approach.
"Our strategy is to continue to raise the bar for excellence in trading and investments by enhancing our platform, expanding our product range and offering our clients access to the best investment opportunities in the most efficient way, regardless of which asset class or instrument they choose to trade."
The recognition comes at the end of the week in which Saxo Bank offered its clients the opportunity to trade some of its most popular NASDAQ listed stocks and CFDs at zero per cent commission to mark Thanksgiving celebrations.
"In the spirit of Thanksgiving, we are delighted to give thanks to our clients by offering them the opportunity to trade our most popular NASDAQ listed equities at zero commission," Nedergaard said.
The offer is available to clients for the duration of Thanksgiving Week.
About Saxo Bank
Saxo Bank is an online multi-asset trading and investment specialist, offering private investors and institutional clients a complete set of tools for their trading and investment strategies. Its financial community portal, TradingFloor.com, is the first multi-asset social trading platform. A fully licensed bank in Europe under supervision of Danish FSA, Saxo Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives on our award-winning SaxoTrader platform, accessible on PCs, tablets or smartphones through a single account and available in more than 20 languages. The platform is white-labelled by more than 100 major financial institutions worldwide. Saxo Bank also offers professional portfolio and fund management as well as traditional banking services through Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered in Copenhagen and has offices in 26 countries throughout Europe, Asia, the Middle East, Latin America, Africa and Australia.
SOURCE Saxo Bank