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Saxo Bank has expanded the functionality of its flagship platform, SaxoTraderGO, targeting contracts-for-difference (CFDs) spreads. In particular, the group’s UK subsidiary Saxo Capital Markets UK has deployed new P/L management and portfolio management capabilities. This will also coincide with a reduced minimum spread for domestic clients trading select CFD indexes.
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The latest spread reduction will target the UK100, which currently operates as an aggregated CFD index of the largest hundred UK-listed companies by market capitalization. The UK100 is one of the group’s most utilized indices and one of the most widely-traded CFDs ... (read more)