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17.02.2011
LHKX PLC announce letter of intent with Saxo Bank to launch white label trading platform in 2011
LHKX PLC announce letter of intent with Saxo Bank to launch white label trading platform in 2011
London, 17thFebruary 2011, London Hong Kong Exchange PLC (“LHKX PLC”) announces that a letter of intent has been signed with Saxo Bank to launch a white label LHKX trading platform.
LHKX PLC and Saxo Bank have engaged in negotiations with the objective to enter into a business relationship whereby LHKX PLC will become a white labelled client and the partnership is expected to include the following:
• Product range: FX, FX Options, CFDs, stocks, Futures, bonds
• Platforms: SaxoTrader, WebTrader, MobileTrader
• Additional services
Saxo Bank has three inter-linked trading platforms designed to meet the demands of the serious market trader, whether they are experienced investors or new to online trading. They include the SaxoWebTrader, the SaxoTrader and the SaxoMobileTrader.
Through its multi-product trading platforms, Saxo Bank offers investors a full choice of financial instruments – including FX on margin, CFDs, Stocks, Futures and Options – tradable on live prices. Currently, investors can trade over 11,000 single stocks and more than 7,000 CFDs In addition the platforms offer detailed educational content and equityresearch resources that allow investors to carry out comparison analysis of the leading global companies. Investors can create their own fully personalised trading environment, complete with advanced charting modules, market analysis, news and price feeds, technical analysis tools and more.
In November 2010, Saxo Bank’s WebTrader platform was named “Best Online Trading Platform 2010” by Shares Magazine, a weekly publication for stock market professionals and private investors.
LHKX PLC expects to launch its LHKX trading platform in 2011 subject to obtaining the relevant FSA approvals and licenses.
Wayne Lochner CEO LHKX PLC commented: “By creating alliances with companies of excellence such as Saxo Bank, LHKX is able to accelerate the development and launch of a first class trading platform with a tried and tested track record”
About Saxo Bank
Saxo Bank is an online trading and investment specialist. The Bank enables clients to trade Forex, CFDs, Stocks, Equities, Futures, Options and other derivatives via three specialised and integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader, a mobile phone trading platform. The platforms are available in over 20 languages and available directly through Saxo Bank or through one of the Bank’s institutional clients. Saxo Asset Management was launched in 2009 to accommodate the highest segment of wealthy investors. Saxo Bank is headquartered in Copenhagen with offices in Australia, the Czech Republic, France, Greece, Italy, Japan, the Netherlands, Singapore, Spain, Switzerland, UK, and the United Arab Emirates. http://saxobank.com
About LHKX PLC
London Hong Kong Exchange Plc (“LHKX”) is a UK domiciled holding company for a group of companies active in provision of innovative financial services and products to empower the qualified investor. LHKX’s strategy is to give the investor control over their investments. http://www.lhkx.com.
For further queries please contact:
LONDON HONG KONG EXCHANGE PLC
37th Floor
One Canada Square
Canary Wharf
London E14 5AA
United Kingdom
Tel: +44 20 7 193 3853
Email: press@lhkx.co.uk
The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements» that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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London, 17thFebruary 2011, London Hong Kong Exchange PLC (“LHKX PLC”) announces that a letter of intent has been signed with Saxo Bank to launch a white label LHKX trading platform.
LHKX PLC and Saxo Bank have engaged in negotiations with the objective to enter into a business relationship whereby LHKX PLC will become a white labelled client and the partnership is expected to include the following:
• Product range: FX, FX Options, CFDs, stocks, Futures, bonds
• Platforms: SaxoTrader, WebTrader, MobileTrader
• Additional services
Saxo Bank has three inter-linked trading platforms designed to meet the demands of the serious market trader, whether they are experienced investors or new to online trading. They include the SaxoWebTrader, the SaxoTrader and the SaxoMobileTrader.
Through its multi-product trading platforms, Saxo Bank offers investors a full choice of financial instruments – including FX on margin, CFDs, Stocks, Futures and Options – tradable on live prices. Currently, investors can trade over 11,000 single stocks and more than 7,000 CFDs In addition the platforms offer detailed educational content and equityresearch resources that allow investors to carry out comparison analysis of the leading global companies. Investors can create their own fully personalised trading environment, complete with advanced charting modules, market analysis, news and price feeds, technical analysis tools and more.
In November 2010, Saxo Bank’s WebTrader platform was named “Best Online Trading Platform 2010” by Shares Magazine, a weekly publication for stock market professionals and private investors.
LHKX PLC expects to launch its LHKX trading platform in 2011 subject to obtaining the relevant FSA approvals and licenses.
Wayne Lochner CEO LHKX PLC commented: “By creating alliances with companies of excellence such as Saxo Bank, LHKX is able to accelerate the development and launch of a first class trading platform with a tried and tested track record”
About Saxo Bank
Saxo Bank is an online trading and investment specialist. The Bank enables clients to trade Forex, CFDs, Stocks, Equities, Futures, Options and other derivatives via three specialised and integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader, a mobile phone trading platform. The platforms are available in over 20 languages and available directly through Saxo Bank or through one of the Bank’s institutional clients. Saxo Asset Management was launched in 2009 to accommodate the highest segment of wealthy investors. Saxo Bank is headquartered in Copenhagen with offices in Australia, the Czech Republic, France, Greece, Italy, Japan, the Netherlands, Singapore, Spain, Switzerland, UK, and the United Arab Emirates. http://saxobank.com
About LHKX PLC
London Hong Kong Exchange Plc (“LHKX”) is a UK domiciled holding company for a group of companies active in provision of innovative financial services and products to empower the qualified investor. LHKX’s strategy is to give the investor control over their investments. http://www.lhkx.com.
For further queries please contact:
LONDON HONG KONG EXCHANGE PLC
37th Floor
One Canada Square
Canary Wharf
London E14 5AA
United Kingdom
Tel: +44 20 7 193 3853
Email: press@lhkx.co.uk
The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements» that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B3D35R83">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B3D35R83</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.