GENTOFTE, Denmark, July 25 /PRNewswire/ -- The editors and judges at FX
Week awarded "Best Retail Platform for FX Trading" to Saxo Bank at its second
annual US Congress, FX Week USA 2005. This closely watched and competitive
category effectively crowns the winner as the thoroughbred of the industry.
The SaxoTrader, a multi-product information, execution and risk management
platform, stepped past competing offerings from FXCM, CMC, Gain Capital and
other well-known providers. For the Danish Investment Bank, this worldwide
industry recognition marks its eighth consecutive blue ribbon performance
since entering the awards field in 2003.
    "We are gratified to have earned this recognition," commented co-CEO Lars
Seier Christensen. "The SaxoTrader is at the center of our business model.
Saxo Bank is a facilitator in the capital markets industry, and the platform
is how we deliver superior liquidity, trade execution, news and risk
management. Naturally, we're delighted and feel quite privileged to see the
SaxoTrader earn this accolade."
    The FX Week US Congress evaluated dozens of platforms during the last
months leading to this one-day congress. The day's itinerary featured
important discussion and debate among leading industry traders, business
strategists and analysts with a focus on the rapidly expanding online capital
markets industry. The highly anticipated e-FX awards capped the day's
activities.
    The e-FX award follows close on the heels of Saxo Bank's remarkable run
of success in this competitive industry survey and poll environment. From
November 2003 through the present, Saxo Bank has competed in each of the
significant industry competitions or award processes and emerged with a first
place finish in various, relevant categories, including:
    - Best Dealer-to-Client Trading, Euromoney FX Technology Award, 2005
    - Top 10 Online Research and Analysis Finalist, Euromoney FX Poll, 2005
    - Best Liquidity Outsourcing B2C, FX Week, 2004
    - Best Cross-Product Retail Platform for Private Clients, Euromoney 2003
    The recognition inherent in these awards underscores the Bank's ability
to provide a fully integrated front and back office platform for individual,
private traders as well as institutions and qualified financial
intermediaries.
    As described by the editors at FX Week, "Saxo Bank wins the best retail
platform award. It offers one of the most comprehensive offerings to
customers, and has been growing at a remarkable rate. More than 130 currency
crosses are available to traders who have access to multiple order types and
many trading modules."
    Adds co-CEO Kim Fournais, "While the platform speaks for itself, this
award is a significant endorsement of what thousands of serious traders
experience every day. Even more exciting, is the next generation of the
SaxoTrader, our version 2, which will truly redefine the online trading
experience."
    Fournais goes on to explain, "We have seen tremendous response from
brokers and traders in emerging markets. They're responding to the
competitive pricing, the consistent liquidity and the utility of the
platform!"

    For more information please contact:

    Saxo Bank - Ann Sophie Friis - Press Officer
    E-mail: asf@saxobank.com - Mobile phone: +45 3065 4358


    About Saxo Bank A/S
    Saxo Bank A/S is a specialized investment bank facilitating online
investments in the global capital markets. The Bank offers online trading in
currencies, shares, CFD contracts, futures, options and other derivatives as
well as portfolio management on inventory and exchanges throughout the world.
    The SaxoTrader, custom-engineered and maintained by the substantial
internal IT resources of the Bank, integrates front-end (information,
analysis, execution) with back-end (risk management, margin management, P/L
management) functionalities. With more than 40,000 trades daily (FX Spot) and
volumes in excess of EUR7 billion traded daily, the scalability and
efficiency of this real-time platform continues to earn industry recognition.
    The Bank serves thousands of private clients, professional traders and
financial intermediaries through the platform complementing its growing White
Label Partner marketplace where licensed financial institutions deploy the
trading platform with their brand and sales facade for their own local
distribution.
    The Bank's website http://www.saxobank.com - has a membership of over 500,000
and is visited by more than 60,000 investors every day. Saxo Bank currently
employs more than 330 employees from 32 different countries.

Link to this page: