Saxo Bank acquires 25% stake in Leverate

Saxo Bank and Leverate announced that they have entered into a strategic partnership in which Saxo Bank has acquired 25% of Leverate the broker solutions provider.

First Published by e-Forex News: July, 2011

Saxo Bank and Leverate announced that they have entered into a strategic partnership in which Saxo Bank has acquired 25% of Leverate the broker solutions provider. The acquisition will enable Saxo Bank to provide banks and brokers with a wide array of non proprietary trading services such as MetaTrader4 (MT4) and other trading solutions, while Leverate will benefit from Saxo Bank’s market presence, liquidity and industry know-how.

The co-CEOs of Leverate, Ran Strauss and Doron Cohen commented, “This mutually beneficial partnership will allow our clients to benefit from enhanced top-tier liquidity sources, while Saxo Bank’s clients can have access to our Complete Broker Solution: MT4, Live Feed, Web & Mobile Traders, CRM and Risk Management, powered by Leverate, and fully integrated with Saxo Bank's core liquidity and execution engine.”