Saxo Bank updates SaxoPartnerConnect with account modifications, block order execution for options, and a new margin monitor tool.
Saxo Bank updates SaxoPartnerConnect with account modifications, block order execution for options, and a new margin monitor tool.
Saxo Bank unveils SaxoPartnerConnect updates, enhancing worldwide partner account management and trading capabilities.
Key Points
Saxo Bank, renowned for its expertise in multi-asset investments, plans to roll out significant updates to its SaxoPartnerConnect platform, enhancing its partners’ account management and trading capabilities.
Scheduled for release in late July or early August 2024, these updates will empower partners to modify key attributes directly within SaxoPartnerConnect. Moreover, among the customizable features are account names for more precise identification, risk profiles to align with client strategies, and partner keys for streamlined external references.
One of the standout additions is integrating a block order execution tool designed specifically for executing complex option strategies, such as multi-leg options. This enhancement is expected to streamline trading operations and directly provide partners with more sophisticated trading capabilities through the platform.
In addition to these new functionalities, Saxo Bank has introduced a margin monitor tool that is accessible through the SaxoPartnerConnect Dashboard. This tool will allow partners to monitor changes in client margin requirements due to instrument ratings or margin adjustments. The margin monitor replaces traditional service emails by providing real-time updates and insights, enabling partners to manage potential risks and client communications proactively.
These updates underscore Saxo Bank‘s commitment to empowering its partners with advanced tools and functionalities, further solidifying its position as a financial services industry. With the upcoming SaxoPartnerConnect updates, partners can anticipate more efficient account management and enhanced trading capabilities.
Partners are encouraged to visit the Saxo Bank website or contact their account managers directly for more information on these developments and to stay updated on Saxo Bank’s latest innovations.
Saxo Bank is a multi-asset investment specialist that provides state-of-the-art trading and investment solutions to institutional and retail clients worldwide. Focusing on innovation and client-centricity, Saxo Bank continues redefining finance’s future through its advanced platforms and comprehensive range of financial products and services.
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