Saxo Bank, the online trading and investment specialist, expanded its multi award-winning Saxo Trader platform with the launch of the FX Options Board, a new and innovative way to trade FX Options, the bank said in a statement on Wednesday. Saxo Bank's FX Options Board further strengthens Saxo's offering, allowing investors to see standardized dates and strike increments and benefit from tight, competitive pricing. Traders will find it easier to navigate the most liquid strikes and maturities, and users will enjoy improved liquidity and a reduction in execution times. Saxo Bank provides one of the most comprehensive and professional online FX Options trading offerings, supporting 40+ currency crosses. All strikes and maturities not shown on the FX Options Board will continue to be available with streaming liquidity through the FX Option trade ticket. “Saxo Bank is committed to providing innovative products and delivering excellence in FX Options trading,” says Edward Voorhees, Global Head of Derivatives at Saxo Bank. “The FX Options Board will revolutionize 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.” Edward Voorhees added, “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.” Saxo Bank is an online trading and investment specialist.
