Robert Scharfe, CEO of LuxSE;
Credit: LuxSE
Danish fintech leader Saxo Bank A/S and the Luxembourg Stock Exchange (LuxSE) today celebrated the bank’s new status as a Trading Member of LuxSE.
The announcement marks an important step forward for both institutions, as the door to LuxSE’s more than 37,000 securities is now open to Saxo Bank’s 620,000 international clients, including all sustainable securities displayed on the Luxembourg Green Exchange (LGX).
This brings a new addition to Saxo Bank’s already extensive offering by unlocking further possibilities of portfolio diversification for its clients. As the world’s leading exchange for the listing of international debt securities, LuxSE gives investors access to many international instruments and entry to the world’s sustainable securities.
Robert Scharfe, CEO of LuxSE, commented: “It is with great pleasure that we welcome Saxo Bank as a new trading member. Investors are one of the driving forces behind the economic recovery from COVID-19, and our role is to facilitate transparent trading through secure and reliable platforms on our regulated markets. Saxo Bank’s client-centric approach and advanced technological capabilities make it a strong addition to our list of trading members".
Henrik Juel Villberg, Global Head of Trading & Market Access at Saxo Bank, added: “We aim to be the best facilitator in global capital markets for our clients. By joining the Luxembourg Stock Exchange, we expand our international multi-asset offering, particularly in bonds and equities. We look forward to offering our clients better prices and deeper liquidity as a result. Over the past years and particularly in 2020, we have had significant growth in the number of clients looking to take control over their investments. This is an important trend that we hope to support by also joining the Luxembourg Stock Exchange”.
Founded in 1992, Saxo Bank A/S is Denmark’s leading, regulated bank for online trading and investment. The bank’s trading platforms, SaxoTraderGO,SaxoTraderPRO and SaxoInvestor process around 125,000 trades per day. Saxo Bank is LuxSE’s first Scandinavian-based trading member.
