Saxo Announces Addition of Stock Options Trading to its Multi-Asset Platform

Copenhagen (ots/PRNewswire) -

Saxo Bank [http://www.saxobank.com ], the online multi-asset
trading and investment specialist, has announced the launch of stock
options trading on its platform for retail and institutional
investors. This will enable clients of Saxo Bank both to consolidate
their existing portfolios by allowing them to trade multiple asset
classes from a single account, and to take advantage of Saxo Bank's
cross-product margining.

There will be no minimum ticket fee or carrying cost. Clients will
be able to use either stocks or bonds as collateral, as well as
exercise options online. As is the case across its whole offering,
Saxo Bank will provide multi-language service and support.

The launch reflects the growing appetite for stock options among
both institutional and retail investors as indicated by the 6.4% rise
in the number of derivatives traded on-exchange (ETDs) in 2013. In
particular, recent market volatility has provided attractive
investment opportunities for options traders, and investors are
becoming more aware of how they can hedge their exposure in asset
classes such as equities or as a means of locking-in existing gains.

Alan Plaugmann, Head of Platforms & Products at Saxo Bank,
commented:

"We consistently strive to provide a platform that is streamlined,
efficient and provides the tools and functionality to give our
clients a competitive edge in the multi-asset arena. The addition of
equity options to our platform marks an important step in this
ongoing development of the Saxo proposition, particularly at a time
when appetite for this particular instrument is on the rise.

"As investors are seeking more diversity in asset classes,
instruments and financial services, we have built a flexible solution
which caters both to the retail and institutional market segments,
enabling our clients to trade equity options in a way that best
enhances their individual investment strategies."

Saxo Bank will initially provide direct access to the 200 most
liquid stock options across the US, Europe and Asia Pacific. These
will comprise the top 50 US stock options and ETF options; the top
100 European stock options; the top 20 Hong Kong stock options; and
the top 30 Australian stock options. Over the course of the year, the
Bank will expand its offering to include 350 stock options in total.

Saxo Bank also said it signed a content sharing agreement with The
Options Industry Council (OIC) making OIC's renowned equity options
educational materials available to Saxo Bank's global client base.

About Saxo Bank

Saxo Bank is a leading online trading [http://www.saxobank.com/fo
rex?csref=b1744_Link_boilerplate_pressrelease ] and investment
specialist, offering private investors and institutional clients a
complete set of tools for their trading and investment strategies.
Its financial community portal, TradingFloor.com
[https://beta.tradingfloor.com ], is the first multi-asset social
trading platform. A fully licensed and regulated European bank, Saxo
Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures,
Options and other derivatives on our award-winning SaxoTrader
platform, accessible on PC
[http://www.saxobank.com/trading-platforms/saxotrader ]s, tablet
[http://www.saxobank.com/trading-platforms/saxowebtrader ]s or
smartphone
[http://www.saxobank.com/trading-platforms/saxotrader-apps ]s through
a single account and available in more than 20 languages. The
platform is white-labelled by more than 100 major financial
institutions worldwide. Saxo Bank also offers professional portfolio
and fund management as well as traditional banking services through
Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered in
Copenhagen and has offices in 25 countries throughout Europe, Asia,
the Middle East, Latin America, Africa and Australia.

ots Originaltext: Saxo Bank (Switzerland) SA
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Media enquiries: Alan Plaugmann, Head of Platforms & Products,
+45-3065-4326. Patrice Henault, Product Manager, +45-3977-4924.
Kasper
Elbjørn, Head of International Communications, +45-3065-4300,
press@saxobank.com