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Saxo Unveils Introducing Broker Partnership In Malta

Amisha Mehta

25 February 2016

Copenhagen-headquartered Saxo Bank has signed an introducing broker partnership with Bank of Valletta in Malta.

The partnership will see Bank of Valletta use the trading technology of the Danish bank's SaxoTraderGO platform, which offers retail and institutional clients functionality across the trade cycle – from pre-trade, execution and post-trade services for exchange-traded funds and cash stocks with potential further expansion to other asset classes.

The platform, named e-Trader+ powered by Saxo Bank, allows investors to trade from their own personal watch list by creating an order ticket or directly from a share price chart in real time.

“The launch of eTrader+ is a preliminary step in what we hope is a lasting partnership with Bank of Valletta and the Maltese investment community; combining the bank’s already exceptional client service with Saxo’s 20 years of innovation and experience in trading infrastructure,” said Pierre-Antoine Dusoulier, head of Saxo Bank for Western Europe.

“Through eTrader+ powered by Saxo Bank, Bank of Valletta is offering an alternative channel to active traders, thereby strengthening its position as market leader by enriching its suite of specialised services in investments and wealth management,” added Kenneth Farrugia, chief business development officer at Bank of Valletta.