Saxo Bank Publishes Trading Volumes in a Move to Increase Transparency

Hellerup (ots/PRNewswire) -

Saxo Bank, the multi-asset online trading and investment
specialist, has launched a new transparency initiative publicising
client deposits, daily average and monthly trading volumes.

Saxo Bank is the first non-public bank or brokerage to publish
these figures, demonstrating its dedication to transparency within
the financial industry. The figures will be published every fifth day
of the month on:
http://www.saxoworld.com/investorrelations/transparency

The figures published show clients' collateral deposits for
trading at USD 6.83 billion for July 2013, a rise of 10% since the
beginning of the year when it was at USD 6.21 billion.

After a strong start to the year, trading volumes have somewhat
subsided from an average daily volume of USD 16.2 billion over the
first 6 months of 2013 to an equivalent figure of USD 11.9 billion in
July 2013.

Didier Abbato, Global Product Manager at Saxo Bank commented:

"We pride ourselves on being leaders and innovators when it comes
to transparency within the financial services industry, which is
vital due to the issues that the industry has faced in the past. We
continually strive to develop and put in place new ways to improve
the amount of information available to our clients. By undertaking
such initiatives we continue to gain legitimacy and improve our
reputation in the market."

Saxo Bank was first to publish OTC options data and has since had
as a core ambition to promote openness and transparency. In June
2012, the Bank announced the launch of its FX Open Orders module on
TradingFloor.com [http://www.tradingfloor.com ], its trading
community site. The Forex Open Orders module provides a snapshot of
Saxo Bank clients' aggregated FX open orders on 10 major currency
pairs, allowing users access to the historical order book across and
within currency pairs.

About Saxo Bank

Saxo Bank is a leading online trading [http://www.saxobank.com/fo
rex?csref=b1744_Link_boilerplate_pressrelease ] and investment
specialist, offering private investors and institutional clients a
complete set of tools for their trading and investment strategies. A
fully licensed and regulated European bank, Saxo Bank enables clients
to trade FX, CFDs [http://www.saxobank.com/cfds?csref=b1745_Link_boi
lerplate_pressrelease ], ETFs, Stocks, Futures, Options and other
derivatives via three specialised and fully integrated multi-asset
trading platforms [http://www.saxobank.com/demo-account?csref=b1746_
Link_boilerplate_pressrelease ]; the browser-based SaxoWebTrader, the
downloadable SaxoTrader and the SaxoTrader app. The platforms are
available in over 20 languages and are 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, the Saxo
Bank Group is headquartered in Copenhagen with 23 local offices
throughout Europe, Asia, Middle East, Latin America, Africa and
Australia.

ots Originaltext: Saxo Bank (Switzerland) SA
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Media enquiries: Didier Abbato, Global Product Manager, Saxo
Bank, +4539774385. Kasper Elbjørn
Head of Group Public Relations, Saxo Bank, +45-3065-4300,
press@saxobank.com