Saxo steps up options pricing on SaxoTrader

Kurt vom Scheidt at Saxo Bank

Saxo Bank has tightened and standardised the pricing of foreign exchange options on its retail trading platform SaxoTrader in a bid to boost transparency and attract more investors to the market.

In an upgrade that went live in mid-May, the Danish investment bank improved spreads on FX options for all 40 of its currency pairs, with the new prices streamed to SaxoTrader. The tightening of spreads was applied to all existing and new clients, and was accompanied by an account standardisation

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