Monday, 23 September 2013

SMC Global ties with Saxo Bank to offer online intn'l trading

SMC GLOBAL Securities will offer Saxo Bank's online trading platform to its clients in India. Saxo Bank A/S, which is a multi-asset online investment bank, provides access to equities, ETFs and bonds spanning 33 stock exchanges across USA, Europe, Asia, South America and Australia.

Headquartered in Denmark, Saxo Bank is an European Union-licensed bank with presence in 25 countries and a client base spanning 180 countries. It offers trading platforms to banks and brokerage companies licensed to hold client funds.

Introducing brokers of Saxo Bank are allowed to offer the co-branded platforms under their own brand, which would be serviced by Saxo Bank.

Subhash C Aggarwal, Chairman and Managing Director of SMC Group, said, “With the growing appetite of Indian investors for overseas investing, we are introducing international trading platforms by Saxo Bank which aims to provide the opportunity for the investor to truly diversify their portfolio across geographies, sectors, exchanges and products.”

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