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Last updated on May 31, 2012 at 16:10 EDT

Saxo Bank Provides Retail Derivatives Trading to TD Waterhouse

May 18, 2011
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LONDON, May 18, 2011 /PRNewswire/ — Saxo Bank, the specialist in online
trading and investment, announced today it will provide TD Waterhouse, the
UK’s leading execution only broker, with an online derivatives trading
platform for retail investors. Through Saxo Bank’s technology and service, TD
Waterhouse will enhance its offering to enable customers to take control of
their trading through TD Derivatives Trading for Contracts for Differences
(CFDs), FX and Futures.

The TD Derivatives Trading account, which will be provided by Saxo Bank,
has been developed to respond to the needs of sophisticated derivatives
traders. Clients can trade CFDs with commissions starting from 0.15% (minimum
GBP15) on all markets. They can also take advantage of one of the leading FX
Trading offerings available, with access to more than 160 FX currency pairs.
The account also includes Futures, enabling customers to trade over 450
instruments on live market prices from exchanges around the world. TD
Derivatives Trading clients can also create their perfect trading environment
using two, free customisable platforms that can be adapted to their exact
specifications.

Darren Hepworth, Trading and Customer Services Director at TD Waterhouse
comments: “We always strive to ensure our customers have access to the best
products and services. With the launch of TD Derivatives Trading, our
customers can take control of their trading needs and create their perfect
trading environment.”

Albert Maasland, CEO of Saxo Bank London comments: “We are thrilled to be
working with the preeminent execution only broker, TD Waterhouse. Their
decision to adopt Saxo Bank’s technology and service are testament to the
effectiveness of our offering in the retail market place. We strive to
develop a collaborative business model, and the launch of this service
reinforces the strength of our Institutional solutions.

About Saxo Bank

Saxo Bank is a leading online trading and investment specialist with a
worldwide client base. The three specialised and fully integrated trading
platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and
the SaxoMobileTrader application are available in over 20 languages. Saxo
Asset Management accommodates high-net worth private clients and
institutional investors. In 2010 Saxo Bank continued the diversification of
its business with acquisitions of Saxo-E*Trade Bank, a specialist in online
investment, and Br0rup Sparekasse, a Danish savings bank. The Saxo Bank Group
is headquartered in Copenhagen with offices throughout Europe, Asia, Middle
East
and Australia.

SOURCE Saxo Bank


Source: newswire