Saxo Bank to Open Branch in Poland
WARSAW, Poland, July 19, 2012 /PRNewswire/ –
Saxo Bank A/S, the Copenhagen-based online trading and investment specialist, will
open a branch in Warsaw in Q4 2012 to facilitate access to international financial markets
and other solutions offered by Saxo Bank for Polish investors. The CEO of the new Saxo
Bank branch in Poland will be Maciej Jedrzejak.
Saxo Bank is subject to financial supervision of the Danish supervision authorities,
and has now completed the procedure of notifying the Polish Financial Supervision
Authority of its planned operations in Poland.
The decision to enter the Polish market is a result of the Bank’s development
strategy. Due to the growing interest in the Bank’s products and services among Polish
investors, Saxo Bank decided to establish a presence in Poland. The Warsaw branch will be
the 22nd branch of Saxo Bank in the world.
Saxo Bank Poland will offer retail investors access to 20,000 financial instruments,
including stocks of companies listed on over 30 global stock exchanges, with the Warsaw
Stock Exchange among them, 160 currency pairs, futures, CFD, ETF, ETC and many others. The
instruments will be available through Saxo Bank’s award-winning platform available in
three versions: Saxo Trader, Saxo Web Trader (for web browsers) and Saxo Mobile Trader
(for mobile devices).
Maciej Jedrzejak, CEO of the Saxo Bank branch in Poland, says:
“So far, our products and services had only been available on the Polish market
through the online platform. As we see a growing interest among Polish investors to invest
on the forex and global markets, we decided to open a branch in Warsaw. – Our services can
be distinguished by their multiproduct nature – we offer access to the global financial
market and thousands of instruments within a single platform. Security is another aspect
that is very important for investors. Saxo Bank operates under a Danish banking licence
and is covered by the Danish safety and guarantee system.”
Continuing investments in IT allow Saxo Bank to offer multi-product access and
sophisticated trading platforms to individual traders in over 180 countries worldwide, as
well as financial institutions authorised to keep funds of their customers, by offering
them Saxo Bank’s White Label solution. Access to Saxo Bank technologies enables financial
institutions to offer attractive investments to their customers, while keeping the
characteristic features of their own brand and trademark.
Saxo Bank is co-title sponsor of Team Saxo Bank – Tinkoff Bank, which at present
features two Polish riders: Rafa Majka and Jaros aw Marycz.
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
[http://www.saxobank.com/en/trading-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
SOURCE Saxo Bank