LONDON and COPENHAGEN, November 18 /PRNewswire/ -- For the third year in a row, Saxo Bank has been awarded FX Week's Best Bank for FX for Investors. The Copenhagen-based online trading and investment specialist was again voted into the top spot by FX market professionals and readers of the industry's flagship publication.
The FX Week Best Bank Awards are considered a benchmark for performance in the global FX industry. The results of FX Week's Best Bank are voted for by FX market professionals and illustrate Saxo Bank's continued sophistication in serving the evolving needs of investors in FX trading.
The Awards are voted for by FX market professionals whose knowledge of the industry is unrivalled, Lars Seier Christensen and Kim Fournais, co-CEOs and co-founders of Saxo Bank, said in a joint statement. We are very proud to have been chosen to win this award for the third year running. Our continued success reflects our commitment to providing a premier service to our clients.
Saxo Bank's online platform, SaxoTrader, provides market access in 23 languages to investors looking to trade Currencies, Stocks, Commodities, Futures, Options and a full range of derivatives including CFDs. Aggregating foreign exchange liquidity from more than twelve top-tier providers, the SaxoTrader offers access to liquidity across global capital markets combined with front-end data and sophisticated risk analytics.
Through-out the past seven years, Saxo Bank has engaged in more than 120 White Label Partnerships with licensed financial institutions around the globe. Saxo Bank provides the platform and value-added advice while the partner provides the brand, the identity and local marketplace sales and marketing. In 2007, Citi, one of the largest full service banks in the world, launched its CitiFX Pro foreign exchange trading platform in collaboration with Saxo Bank.
Results of the FX Week Best Banks awards are based upon surveys of FX market professionals in August and September 2008. Final rankings were broken down according to total number of bank voters, as well as by corporate and investor clients. Saxo Bank's Albert Maasland, head of its London office, will receive the award at the FX Week's awards dinner on November 18, 2008 at Victoria Park Plaza Hotel, London.
About FX Week
Published since 1990, FX Week is the industry's exclusive newsletter for foreign exchange and money market professionals working within banks, brokerages, institutions and corporate treasuries. Always the first to deliver cutting-edge news stories and special reports, FX Week ensures its subscribers are kept informed of all the key events and developments in the industry. The annual FX Week Best Bank Awards are the benchmark for performance in the global FX industry and are the most accurate indicator of who is leading the market, according to banks, corporate treasuries and investors.
About Saxo Bank A/S
Saxo Bank is an online trading and investment specialist, enabling clients to trade Forex, CFDs, Stocks, Futures, Options and other derivatives, as well as providing portfolio management via SaxoTrader, the leading online trading platform. SaxoTrader is available directly through Saxo Bank or through one of our global partners. White Labelling is a significant business area for Saxo Bank, and involves the Bank's online trading platform being customised and branded for other financial institutions and brokers. Saxo Bank has more than 120 White Label Partners and boasts thousands of clients in over 180 countries. Saxo Bank is headquartered in Copenhagen with offices in the UK, France, Switzerland, Singapore, Spain and Japan.
Media enquiries: Saxo Bank: Jeanette Nielsen, +45-51-59-52-75 / Team-CorporateCommunications@saxobank.com Penrose Financial: Andrew Nicolls, +44(0)20-7786-4881/ andrewn@penrose.co.uk Leone Lewis, +44(0)20-7786-4885/ leonel@penrose.co.uk
Media enquiries: Saxo Bank: Jeanette Nielsen, +45-51-59-52-75 / Team-CorporateCommunications@saxobank.com; Penrose Financial: Andrew Nicolls, +44(0)20-7786-4881/ andrewn@penrose.co.uk, Leone Lewis, +44 (0)20-7786-4885/ leonel@penrose.co.uk
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