Saxo Bank Announces Landmark Partnership with Lufax

Copenhagen, Denmark (ots/PRNewswire) - Saxo gathers momentum in
Greater China with second partnership of the year.

Saxo Bank, the online multi-asset trading and investment specialist,
has today announced a new white label partnership with Lufax, China's
largest internet finance company.

The partnership, expected to launch within the next three months,
will see Lufax leverage the trading technology that underpins the
award-winning SaxoTraderGO - providing Lufax's considerable client
base with a seamless experience across mobile and desktop platforms,
including complete functionality across the trade cycle - from
pre-trade, execution and post-trade services for ETFs and cash stocks
initially.

Overseas clients from Lufax will benefit directly from Saxo's
multi-asset capabilities - through access to global capital markets
from one single account incorporating data from both on and offshore
products.

Adam Reynolds, CEO Saxo Bank Asia Pacific, said: "Lufax is a
milestone company to commit to providing its clients with a
best-in-class trading experience through a white label partnership
with Saxo Bank. Our second Chinese partnership in a matter of weeks
is multi-faceted; highlighting not only our commitment to the
empowerment of the region's investors and position as an enabler of
financial market activity in one of the world's largest markets, but
also the strength of our platform and OpenAPI technology - both of
which we believe to be integral to the future of trading globally."

Gregory Gibb, CEO of Lufax added: "We are delighted to be able to
offer an alternative channel of this calibre to our trading
community. Saxo Bank is at the forefront of online trading and its
expertise will strengthen our ambition to be China's leading online
wealth management provider."

Today's news follows the signing of a tri-party agreement between
Saxo Bank, Wallstreet CN and LeanWork last month following Saxo's
launch in the Shanghai Free-Trade Zone in September 2015.

Saxo Bank is one of the first financial institutions to give access
to its trading infrastructure through the bank's OpenAPI. The move,
which covers Saxo's multi-asset trading and back office
infrastructure, will allow its partners, clients and external
developers to access over 20 years of trading infrastructure
innovation and enable them to customise their trading experience and
create new revenue streams.

White label partnerships remain a fundamental part of Saxo Bank's
business, providing banks with a reliable, sophisticated and
cost-efficient way to replace outdated trading technology.

Shanghai Lujiazui International Financial Asset Exchange, Lufax, is
an online marketplace for the origination and trading of financial
assets. Lufax was incorporated in Shanghai with the support of
Shanghai's Municipal Government, and has grown into China's largest
internet finance company in less than four years. As of April this
year, Lufax's number of registered users stood at over 21 million, a
quarter of which are active investors.

About Saxo Bank

The Saxo Bank Group (Saxo)
(http://www.saxobank.com/?cmpid=press-release) is an online
multi-asset trading and investment specialist, offering a complete
set of trading and investment technologies, tools and strategies.

A fully licensed and regulated bank, Saxo enables private and
institutional clients to easily trade multiple assets from a single
margin account on multiple devices seamlessly.

Saxo's award winning trading technology platforms
(http://www.saxobank.com/platform?cmpid=press-release) are available
in more than 20 languages and form the technology backbone of more
than 100 financial institutions worldwide.

Saxo also offers traditional banking services through Saxo Privatbank
in select markets.

Founded in 1992 (http://www.saxobank.com/about/?cmpid=press-release)
and headquartered in Copenhagen, Saxo employs 1500 people in 25
offices across the five continents.

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