Saxo Bank Publishes OTC FX Options Market Information and Client Position Data

Hellerup, Denmark (ots/PRNewswire) - Saxo Bank, the
specialist in online trading and investment, is first to publish
market data from the FX Options OTC market. The data, which will be
published three times a day on Tradingfloor.com, will greatly enhance
traders' understanding and ability to profitably trade FX as an asset
class.

This initiative signifies Saxo Bank's unique position as a
leading market maker in the interbank OTC markets and exemplifies the
value that Saxo Bank's active participation offers to its FX clients.

Information included in the posts is:

- ATM volatilities - Shows the change in volatility of currency
pairs

- 25-Delta Risk Reversal - The most widely used parameter in
gauging market direction

- OTC Volume index - Based on interbank OTC FX Options trade
activity

- Market Pin Risk - Shows large strikes that have traded in the
interbank market and may act as magnetic levels for the spot price in
the future

- Charts - Graphical illustration of Risk Reversals and Implied
vs. Historic Volatility

- Retail Position Ratio - Shows client sentiment
(bullish/bearish), based on actual client positions

- Current FX Options Board Prices - See the competitiveness of
Saxo Bank's streaming quotes

Events in the OTC FX Options market have a direct impact on the
development in the Forex spot market. Therefore, this type of data
has historically been extraordinarily difficult and costly for
traders to acquire. Saxo Bank is making this information publicly
available to anyone interested in the Forex market, the largest and
most liquid market in the world.

In a statement, Edward Voorhees, Global Head of Foreign Exchange
at Saxo Bank, says:

"For market makers in the OTC FX Options market the trend has for
some years been risk aversion, which has led to major institutions
dramatically reducing their market making activities. Saxo Bank has
remained very committed to its market making activities in the FX
Options space. The reward for being an active market participant is
the valuable insight we gain. The options team at Saxo Bank is very
proud to be able to share these insightful flow details with all our
clients at no added cost.

"It is no longer a question whether the Forex market will become
more transparent or not. By making this kind of data publically
available Saxo Bank is taking an active role in this development. It
is imperative to Saxo Bank to build long lasting client
relationships. Among other things, we do this by supporting and
educating our clients. We are proud to now offer everyone information
of this quality, especially given the history that it has previously
been almost unobtainable by traders."

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

Contact:
Media enquiries: Edward Voorhees, Global Head of ForeignExchange,
+45-39-77-63-99, evo@saxobank.com; Kasper Elbjorn, Head of
GroupPublic Relations+45-3065-4300, press@saxobank.com