- 04.10.2012, 14:41:08
- /
- OTE0005
Saxo Bank Launches CFDs on Government Bonds
Hellerup, Denmark (ots/PRNewswire) -
Saxo Bank, the online multi-asset trading and investment
specialist, today has added CFDs on Government Bonds to the existing
range of asset classes available to trade. The new products are
available on SaxoTrader [http://www.saxobank.com/en/trading-platform
s/pages/trader-download.aspx ], SaxoWebTrader [http://www.saxobank.co
m/en/trading-platforms/pages/internet-trading.aspx ],
SmartMobileTrader and the SaxoTrader App and they include; French OAT
(10y), Italian BTP (10y), German Bund (10y), German Bobl (5y) and
German Schatz (2yr).
The new offering will enable retail clients to invest directly in
European debt with favorable terms compared to those offered on the
futures markets. These terms include much lower margin requirements
lower minimum trade sizes and tick values as well as no financing
costs, exchange fees or minimum commissions. CFDs on Government Bonds
also create the conditions for retail investors to trade the
underlying asset with much better control of their exposure to risk
margin.
Didier Abbato, Product Manager, Multi-Asset CFDs and Cash
Products, Saxo Bank commented:
"Bond CFDs provide a cost-efficient way for experienced investors
to trade on the political risk and uncertainty in the Eurozone that
have overshadowed financial markets. These products have previously
only been available for institutions to trade. By adding this asset
class to our platform retail investors can now access a desirable
product that has until now been unavailable to them."
CFDs on Government Bonds will be available from this week to
clients of Saxo Bank A/S, Saxo Banque and Saxo Capital Markets UK.
Switzerland and all White Label clients will be able to offer CFDs on
Government Bonds to their clients from 1 November, 2012.
About Saxo Bank
Saxo Bank is a leading online trading 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, ETFs, Stocks, Futures, Options and other derivatives
via three specialised and fully integrated multi-asset trading
platforms; the browser-based SaxoWebTrader, the downloadable
SaxoTrader and the SaxoMobileTrader application. 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 25 local offices
throughout Europe, Asia, Middle East, Latin America and Australia.
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