SINGAPORE--(Marketwire - Jul 11, 2012) -  Saxo Bank, the parent company of Saxo Capital Markets, is a double winner of this year's e-FX Awards: The online trading and investment specialist has been awarded "Best Retail Platform" and "Best FX White Label Liquidity Service" at the award ceremony in New York, hosted by FX Week and attended by senior FX practitioners. The e-FX awards are highly regarded in the industry for recognising innovation and excellence across the FX market.

Saxo Bank's trading platforms have defined the company's success in the online trading space for over a decade. However, it's the first time since 2008 that the Bank won the prestigious e-FX award for "Best Retail Platform." The SaxoTrader platforms are accessible via desktop, web, and mobile devices allowing trading from anywhere at any time on any device. The online trading platforms offer a breadth of functionalities including currencies, commodities, CFDs, Stocks, Futures, Options and other derivatives. In 2012, Saxo Bank launched a new market information and trading app for iPhone® & Android™. The new app is free to download and provides a wealth of free financial market content such as news, analysis, video blogs, commentary, research, financial calendar, quotes and charts on more than 13,000 instruments.

Saxo Bank's White Label solution is designed for other financial institutions that require a market leading on-line trading platform for their clients. It facilitates ownership and control of banks' relationships with their clients whilst maintaining full client anonymity from Saxo Bank. It also provides access to a fully branded and customised trading solution for banks to distribute their own FX liquidity to their clients. Saxo Bank's White Label solution is a multi-asset offering with more than 20,000 financial products, including FX, Stocks, CFDs and commodities. Saxo Bank also won the "Best Liquidity Distribution Service" award in 2011.

In a joint statement Kim Fournais and Lars Seier Christensen, co-founders and co-CEOs of Saxo Bank, said:

"These awards are the direct result of the commitment of our employees around the world. Without their hard work and dedication, Saxo Bank would not be where we are today. Our aim remains to be the preferred bank for our retail and white label clients, traders and active investors trading multi-product asset classes on a global level. Our goal has always been to give the best possible tools and service to all our clients, and we are proud that these awards are a clear reflection of our efforts."


Saxo Capital Markets Pte. Ltd. ("Saxo Capital Markets") is licensed as a Capital Market Services provider and an Exempt Financial Advisor, and is supervised by the Monetary Authority of Singapore.

You should carefully consider whether trading in leveraged products is appropriate for you in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, you could both gain and lose large amounts of money. You may sustain losses in excess of the monies you initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.

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About Saxo Capital Markets

Established since 2006, Saxo Capital Markets Pte. Ltd. is a wholly-owned subsidiary of Saxo Bank A/S, the online trading and investment specialist. It serves as the Asia Pacific headquarters and holds a Capital Markets Services licence from the Monetary Authority of Singapore and a Commodity Broker licence from The International Enterprise Singapore.

Clients can trade Forex, CFDs, Stocks, Futures, Options and other derivatives via SaxoTrader, SaxoWebTrader, SaxoMobileTrader and SaxoTrader Apps on iPhone and Android devices, the leading multi-asset online trading platforms. Widely recognised for their performance and features, these platforms have consistently won some of the industry's most prestigious awards.

Saxo Capital Markets also offers award-winning white label solutions to a broad institutional client base.

Saxo Bank, parent company of Saxo Capital Markets, holds full banking licences in Denmark, France and Switzerland and are licensed by every local regulator where there is a physical office.

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About e-FX Awards

The annual e-FX Awards hosted by FX Week recognise industry excellence in electronic foreign exchange from banks and vendors. Award nominations are open to those working in e-FX and are viewed as the unrivalled badge of excellence for the market. They showcase top class performance and innovation, they reward achievement and they raise standards.

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Contact Information:


Saxo Capital Markets Pte Ltd
Mychelle Chen
Tel: +65 6303 7712

Saxo Capital Markets Pte Ltd
Deepa Jegarajah
Tel: +65 6303 7719