Saxo Bank Launches SaxoTrader for iPhone® & Android

Hellerup, Denmark (ots/PRNewswire) -

?Saxo Bank, the online trading and investment specialist, has
launched a new market information and trading app. for iPhone(R) &
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.

Users can also sign up for a free trial directly from the app and
trade on the markets for 20 days using a simulated account. Existing
clients of Saxo Bank can use the trading app section to view their
account status, place or cancel orders and trade all Saxo Bank's
products.

The new app utilizes the open source HTML5 technology and provides
fast, easy and convenient access to the financial markets for anyone
with an interest in them. It is equipped with cross platform
capabilities and is optimized for fast and responsive finger touch
trading.

The app. was first used when a professional B.A.S.E. jumper
executed a FX trade whilst performing a jump in Hutchinson Peak in
the Hottentot Hollands Mountain Range outside of Cape Town, South
Africa. The B.A.S.E. jumper bought 1,000,000 EURUSD Spot at a price
of 1.26969. The trade was confirmed when he was still in mid-air. A
four minute documentary of the spectacular event is available here:
http://www.saxobank.com/mobile/saxotrader-anytime-anywhere

Saxo Bank will also provide the technology to its 100+ white label
clients in order for them to roll-out their own versions of this
mobile app to their respective client bases. The full implementation
with all partners is expected to be complete in the course of Q2,
2012.

Henrik Dyrholm Holst, Head of Platform Development at Saxo Bank,
says:

"We recognise that it's more important than ever to differentiate
ourselves from the other players in the market. This solution enables
Saxo Bank's clients to freely choose a mobile device while safely
knowing that Saxo Bank provides an app. that supports their choice of
device."

Holst adds:

"While the launch today targets iPhone(R) & Android, the use of
HTML5 allows us to quickly add to the list of supported devices and
puts Saxo Bank ahead of our competitors who are struggling to cope
with the overheads and support tasks required to maintain more
platform specific apps. A device specific strategy for investing is
not appropriate in the highly volatile market conditions where mobile
users routinely loose or gain double digit markets shares in a few
quarters. Wanting to untie Saxo Bank's clients from making specific
device buying decisions, Saxo Bank has chosen a platform independent
strategy that enables us to let the clients chose the device they are
most comfortable with when they trade anytime, anywhere."

About Saxo Bank

Saxo Bank is a leading online trading and investment
[http://www.saxobank.com/trading-products ] specialist. A fully
licensed and regulated European bank, Saxo Bank enables private
investors and institutional clients to trade FX, CFDs, ETFs, Stocks,
Futures, Options and other derivatives via three specialised and
fully integrated trading platforms; the browser-based SaxoWebTrader
[http://www.saxobank.com/en/trading-platforms/pages/internet-trading.
aspx ], the downloadable SaxoTrader [http://www.saxobank.com/en/trad
ing-platforms/pages/trader-download.aspx ] and the SaxoMobileTrader
application available in over 20 languages. Saxo Bank also offers
professional portfolio and fund management through Saxo Asset
Management who accommodates high-net worth private clients and
institutional investors and provides banking services and advice to
retail clients through Saxo Privatbank. The Saxo Bank Group is
headquartered in Copenhagen with offices throughout Europe, Asia,
Middle East, Latin America and Australia.

Rückfragehinweis:
Media enquiries: Henrik Dyrholm Holst, Head of Platform
Development, +45-30-65-43-74; Kasper Elbjørn, Head of Group Public
Relations, +45-3065-4300, [email protected]

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