Saxo Introduces Futures Spread Trading

Hellerup, Denmark (ots/PRNewswire) -

Saxo Bank, the online trading and investment specialist, is
further enhancing its product portfolio for its retail and
institutional clients through the introduction of futures spread
trading.

From 18 February, clients will be able to trade futures spreads on
a variety of assets across all of Saxo Bank's platforms, including
its SaxoTrader mobile apps for smartphone and tablets. The
introduction of this product to Saxo Bank's offering enables its
clients to trade intramarket futures spread as well as named calendar
futures spreads on a range of key contracts including gold, oil and
other commodities, interest rates, bonds and major stock indices.

One of the key attractions of futures spread trading is the
ability to use a single order ticket to roll over your Futures
contracts before expiry to the next maturity date, with no legging
risk or spread risk.

Patrice Henault, Futures and Listed Options Product Manager at
Saxo Bank, commented:

"A calendar spread is defined as the sale of one or more contracts
and the purchase of one or more offsetting futures contracts in the
same market but in different a month, for example Short September
Corn and Long December Corn. The calendar spread trader positions
himself between the speculator and the hedger. Rather than take risk
of excessive price fluctuations, he takes on the risk in the
difference between two different trading months. Calendar spreads are
less volatile than other forms of trading including share trading,
option trading and straight futures trading. In fact, it is because
of such low volatility that margins for spreads are so low. Spreads
typically trend more often, more steeply and for a longer time than
do other forms of trading".

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.
Its financial community portal, TradingFloor.com
[https://beta.tradingfloor.com ], is the first multi-asset social
trading platform. A fully licensed and regulated European bank, Saxo
Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures,
Options and other derivatives on our award-winning SaxoTrader
platform, accessible on PC
[http://www.saxobank.com/trading-platforms/saxotrader ]s, tablet
[http://www.saxobank.com/trading-platforms/saxowebtrader ]s or
smartphone
[http://www.saxobank.com/trading-platforms/saxotrader-apps ]s 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 25 countries throughout Europe, Asia,
the Middle East, Latin America, Africa and Australia.

Video: http://video.saxobank.com/secret/9341975/d1cfcec11dd2c8ef88
c8a8b3c9a9c014

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

Contact:
Media enquiries: Kasper Elbjørn, Head of International
Communications, +45-3065-4300, press@saxobank.com