Saxo Bank Wins Best FX Prime at FX Markets Asia Awards 2024

Discover why Saxo Bank FX Prime of Prime service won Best FX Prime of Prime at the FX Markets Asia Awards 2024: unrivaled liquidity access & tailored solutions.

Saxo clinched the prestigious “Best FX Prime of Prime” title at the FX Markets Asia Awards 2024, affirming its position as a trailblazer in the foreign exchange market.

Key Points

• FX Markets magazine hails Saxo’s FX Prime of Prime (PoP) brokerage service as the best in the Asia-Pacific region.
• Recognition marks Saxo’s inaugural win from FX Markets in the Asia-Pacific region.
• The PoP offering earns praise for seamlessly providing liquidity to nearly 30 Tier One global Liquidity Providers (LPs) and retail FX brokers.
• Three major financial data centers—LD4, NY4, and TY3—facilitate access to the world’s largest FX houses.
• Saxo’s platform empowers clients to customize FX liquidity based on specific requirements and optimize fills and limits.
• Adam Reynolds, CEO of Saxo Asia Pacific, expressed delight at the recognition, emphasizing the unparalleled scope and depth of Saxo’s PoP offering. He also identified Saxo’s extensive network of Tier One global LPs and Electronic Communication Networks (ECNs) as instrumental in delivering optimal prices to clients.

Saxo Bank Wins Best FX Prime at FX Markets Asia Awards 2024

Saxo’s strategic partnership with FairXchange in 2023 further bolstered its PoP service, integrating liquidity management data analytics through the Horizon platforms collaboration to provide real-time insights into eFX dynamics. This collaboration also enhanced engagement with global LPs and refined client liquidity offerings.

Ivan Chang, Head of Institutional Sales at Saxo Asia Pacific, underscored the versatility of Saxo‘s PoP service, which also facilitates access to a comprehensive suite of FX products, including CFDs, FX forwards, spot, swaps, vanilla options, and more. Chang emphasized Saxo’s commitment to empowering clients by enabling cross-collateralization across liquidity sources, venues, and providers, alongside the freedom to select preferred technology vendors.

In conferring the award, FX Markets lauded Saxo’s PoP offering for its “exceptional quality,” thereby distinguishing it as the standout choice among a record number of contenders.

Saxo’s triumph at the FX Markets Asia Awards 2024 reaffirms its position in the FX Prime of Prime landscape. It further underscores its commitment to delivering unparalleled liquidity solutions tailored to clients’ diverse needs across the Asia-Pacific region.

Visit Stock Broker Chooser’s website for more detailed reviews and insights into leading brokers in the industry. Users will also find comprehensive Reviews and information on the Best Brokers available.