Saxo Bank to launch stock options trading
On April 30, Saxo Bank will launch stock options trading on our multi-asset platform. This is an ambitious project that has taken the bank a few years to develop. It is also the single largest request that we have received from our direct, institutional and White Label clients.
Once again, it is always at the forefront of our priorities to listen to and meet the requirements and needs of our clients. Listing all the major stock options exchanges, in addition to our existing extensive range of globally available markets, will really open up opportunities, especially for equity investors and traders.
Saxo Bank will be launching stock options trading on April 1.
So why are stock options so important?
To Saxo Bank, the answer is simple. Options traders are always seeking opportunity, albeit whether the market is bullish, bearish or simply standing still. The maturity of the options market and range of equities available ensure that stock options also have considerable liquidity to support efficient pricing, also well into the future.
Some believe that options are too complex, and therefore too risky, for many investors.
It is always good to know and understand what products you decide to trade, but options are used not only to find opportunity in risky assets, but many use options to reduce risk on their equity portfolio and also enhance the overall yield through cover call writing and dividend extraction strategies.
Saxo Bank offers multi-asset trading from one account, providing traders with access to the ultimate form of sophistication in market access, yet giving our clients easy access with a user-friendly experience. In fact, we have had clients trading stock options in beta mode since the beginning of the year and we are now ready to move to the next level.
With that in mind, we would like to invite interested stock options traders to join our beta platform now and be a part the most comprehensive equities (FX, commodities and fixed Income, too) offering from one account. Simply email Patrice Henault, the product manager, at PHE@saxobank.com if you are interested in signing up.
In the meantime, many of you would have noticed by now that some major updates were introduced to the new TradingFloor.com last week, including the ability to sign in to the platform via social media platforms.
This is an important feature for the new site and has been eagerly awaited by many of our members, who will, once again, be able to share analysis and views by their favourite writers and Trade View contributors.