Saxo Bank has expanded its Trader platform with the launch of the FX Options Board, a new way to trade FX Options. The bank claimed that the FX Options Board further strengthens its offering, allowing investors to see standardised dates and strike competitive pricing.
The bank further added that by using the FX Options Board, traders can navigate through the liquid strikes and maturities, and users can ultimately reduce execution time.
Edward Voorhees, Global Head of Derivatives at Saxo Bank, said: “The FX Options Board will revolutionise options trading for our clients and partners – smaller institutions and individual investors will be equipped with real-time trading information and prices provided on a cutting-edge platform. Such platforms were previously the privilege of clients of tier-one banks.”
“We continue to see demand for simple and intuitive trading interfaces. We feel the FX Options Board will make trading options more attractive both to FX Spot traders looking to diversify and better control risk, and to options traders in other asset classes looking for exposure to the FX Market,” he added.
Copenhagen, Denmark-based Saxo Bank is a global investment bank offering online trading and investment services across the international financial markets. Saxo Bank enables private investors and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives, and offer professional portfolio and fund management.
