PR PR
Public Relations, Saxo Bank
24 February 2016

Saxo announces new Introducing Broker partnership in Malta with Bank of Valletta

Partnership highlights ongoing momentum in Introducing Broker business

Saxo Bank, the online multi-asset trading and investment specialist, announces today a new co-Branded Introducing Broker (IB)  partnership with Bank of Valletta, the largest commercial bank in Malta.
 
The partnership will see Bank of Valletta use the trading technology that underpins the award-winning SaxoTraderGO which provides both retail and institutional clients with a seamless trading experience across mobile and desktop platforms.  SaxoTraderGO features include complete functionality across the trade cycle – from pre-trade, execution and post-trade services for ETFs and cash stocks with potential further expansion to other asset classes.
 
The platform, named e-Trader+ powered  by Saxo Bank, allows investors to trade from their own fully customisable personal watch list by creating a dedicated order ticket or directly from a share price chart in real time.
 
Pierre-Antoine Dusoulier, Head of Saxo Bank for Western Europe, said: “Bank of Valletta is the latest of our co-branded IB  partners to provide its clients with a best-in-class trading experience.”
 
“The launch of eTrader+ is a preliminary step in what we hope is a lasting partnership with Bank of Valletta and the Maltese investment community; combining the Bank’s already exceptional client service with Saxo’s 20 years of innovation and experience in trading infrastructure.”
 
Kenneth Farrugia, Chief Business Development Officer at Bank of Valletta, said: “Through eTrader+ powered by Saxo Bank, Bank of Valletta is offering  an alternative channel to active traders, thereby strengthening its position as market leader by enriching its suite of specialised services in investments and wealth management. In collaborating with Saxo Bank, we are putting the investor in the driving seat by providing access to a robust trading platform and passing across the cost benefits.”

As a result of this partnership, the clients of Bank of Valletta benefit from the technology of SaxoTraderGO, the bank’s next generation platform launched in May 2015. It was built with Saxo’s OpenAPI as its foundation, a very significant step for the development of Saxo Markets’ offer which enables Saxo’s institutional clients to integrate the broker’s trading and investment capabilities directly into their own applications and systems.

 

Media enquiries

Cathrine Kier, Head of Global Communications
+45 2068 4510
press@saxobank.com

About Saxo Bank

Saxo Bank Group (Saxo) is a leading multi-asset trading and investment specialist, offering a complete set of investment and trading technologies, tools and strategies.

For almost 25 years, Saxo's mission has been to enable individuals and institutions by facilitating their access to professional investing and trading through technology and expertise.

As a fully licensed and regulated bank, Saxo enables its private clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology.

Saxo’s award winning trading technology platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.

Founded in 1992 and headquartered in Copenhagen, Saxo employs more than 1500 people in financial centres around the world including London, Singapore, Paris, Zurich, Dubai and Tokyo.