Saxo Bank introduces TradeMaker
Investors and traders now can act on specific trading ideas and recommendations from Saxo Bank's senior analysts and research professionals.
First Published by e-Forex News: July, 2004
Investors and traders now can act on specific trading ideas and recommendations from Saxo Bank's senior analysts and research professionals. The new strategies module known as TradeMaker offers clients the opportunity to place trades using specific market price points (e.g. entry point, take profit and stop loss levels).<br><br>The service is automated and easily accessible from the trading modules on the client platform. The bank expects several recommendations each week, though it cannot commit to a specific number of TradeMaker "ideas" or particular currency pairs for which there will be recommendations.
Claus Nielsen<br><br>"This is a service our clients have asked for," explains Claus Nielsen, Global Head of Trading. "We have some deep experience with the market and now we have an automated way of delivering that experience in a concrete manner. These are real trading ideas. If the market wants to participate, that is their decision. But, of course we're delighted to be able to offer this service and help those who might be somewhat reluctant."