Saxo Bank is First Retail Platform to Offer Direct Access to IEX

Hellerup, Denmark (ots/PRNewswire) - Saxo Bank, the online trading
and investment specialist, has today
announced the addition of IEX to its award-winning online trading
platform, SaxoTrader. Saxo Bank is the first retail broker to offer
access to IEX, an alternative trading system (ATS) which focuses on
investor protection and performance by resisting high frequency
trading.

Access to IEX on Saxo Bank's platform went live on Wednesday, 9
April, for both CFDs and cash shares. It can be used by all clients
whose trading accounts have enabled "advanced orders/algo orders".

IEX is owned exclusively by a consortium of buy-side investors,
including mutual funds, hedge funds and family offices, and is aiming
to become an exchange once it hits 5 percent of US stock volume.

Claus Nielsen, Head of Markets at Saxo Bank, said:

"Saxo Bank has for some time been including IEX in our SOR venue
selection. Yesterday, Saxo Bank took a next step and introduced a
direct route to IEX as we believe in providing our clients with the
ability to make choices themselves, choices they believe in and
choices that will, hopefully, optimise their trading opportunities.

"Saxo Bank has developed a leading multi-asset trading platform which
is changing the way institutions interact with their clients and the
way professional investors trade. Led by our strong technology
heritage, we believe that technology brings about more efficient
markets but also more complex. In this environment, not only
regulators, but also exchanges, brokers and investors will need to
continuously evolve to understand and navigate this complexity. The
addition of IEX to our platform ensures that we can offer our clients
the widest access to global exchange and trading venues, including
dark pools."

About Saxo Bank

Saxo Bank is a leading online trading [http://www.saxobank.com/forex
?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.

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