The FX Week Best Bank Awards are considered a benchmark for performance in the global FX industry. The results of FX Week's Best Bank are voted for by FX market professionals and illustrate Saxo Bank's continued sophistication in serving the evolving needs of investors in FX trading.
"The Awards are voted for by FX market professionals whose knowledge of the industry is unrivalled," Lars Seier Christensen and Kim Fournais, co-CEOs and co-founders of Saxo Bank, said in a joint statement. "We are very proud to have been chosen to win this award for the third year running. Our continued success reflects our commitment to providing a premier service to our clients."
Saxo Bank's online platform, SaxoTrader, provides market access in 23 languages to investors looking to trade Currencies, Stocks, Commodities, Futures, Options and a full range of derivatives including CFDs.
Aggregating foreign exchange liquidity from more than twelve top-tier providers, the SaxoTrader offers access to liquidity across global capital markets combined with front-end data and sophisticated risk analytics.
Through-out the past seven years, Saxo Bank has engaged in more than 120 White Label Partnerships with licensed financial institutions around the globe. Saxo Bank provides the platform and value-added advice while the partner provides the brand, the identity and local marketplace sales and marketing. In 2007, Citi, one of the largest full service banks in the world, launched its CitiFX Pro foreign exchange trading platform in collaboration with Saxo Bank.
Results of the FX Week Best Banks awards are based upon surveys of FX market professionals in August and September 2008. Final rankings were broken down according to total number of bank voters, as well as by corporate and investor clients. Saxo Bank's Albert Maasland, head of its London office, will receive the award at the FX Week's awards dinner on November 18, 2008 at Victoria Park Plaza Hotel, London.