Tag Archives: Futures

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Ukrainian Energy Exchange: volume of supply spot trading of oil products reached $US 88.6 million in 1H2016

KYIV, 18-Jul-2016 — /EPR FINANCIAL NEWS/ — For the 6 months of holding spot electronic trading on the electronic trading platform of the Ukrainian Energy Exchange Public company PJSC “Ukrgasvydobuvannya” has managed to significantly increase the level of competition on its resource by bringing a larger number of participants. The Exchange has a well-established system of using security deposit and the online queue. All this had a positive impact on results of trading of company’s products – The State Company sold oil products and liquefied gas with total amount of 88.6 million USD. This was reported by CEO of Ukrainian Energy Exchange Oleksandr Kovalenko, summing up the result of trading on the UUEX on Thursday, June 30, 2016.

According to experts of the fuel and energy market, additional yield of PJSC “Ukrgasvydobuvannya” has made more than 6,8 million USD.

“We plan to introduce futures on some petroleum products next year. This will make the market more active and attract more investors. The same vector we chose for other markets: coal and natural gas. The development of the exchange market is a reflection of the economy development of each country,” – said CEO CEO of Ukrainian Energy Exchange Oleksandr Kovalenko.

“We are pleased with the use of Commodity Exchange Ukrainian Energy Exchange. This mechanism of trading has enabled us to generate additional profit that will be used for investment in production and will improve the overall energy independence of our country”, – said Commercial Director of UGV Serhii Fedorenko.

“Of course, the appearance of the price indicator(https://www.ueex.com.ua/eng/exchange_quotations/) of petroleum products on the domestic market has a positive impact on the market. First, this indicative is for the end user, who now has guidelines for fuel purchases. Second, the publication of prices makes the work of the manufacturer transparent. If we are talking about “Ukrgasvydobuvannya” state-owned business transparency should be one of the main tasks”, – said the analyst consulting company UPECO Oleksandr Sirenko. According to expert, similar trading for imported fuels, which share reaches 80% should be brought for a more dynamic competition in the Ukrainian market of petroleum products.

All contracts were executed in full and on time. None of the bidders have lost a security deposit. Experts of the exchange conducted huge number of training seminars and tutorials. Ukrainian Energy Exchange has designed and implemented functionality for distributing of exchange quotations, which is completely free and available without any restrictions.

SOURCE: EuropaWire

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Melbourne Options and Futures Exchange (MOFEX) names He Zhengtang as new President

Melbourne Options and Futures Exchange (MOFEX), one of the world’s leaders market place in futures, today announced the appointment of He Zhengtang as President of Melbourne Options and Futures Exchange all operations, effective this month pending the board’s approval. He will be replacing Russell Holland, the legendary MOFEX president expert, who has also been the driving force of MOFEX from the beginning to where it is now, as a global trading market place. Mr. He Zhengtang comes from a very prestigious Singapore corporation where for nearly two decades he was the head of trading for the corporate division.

During this period Mr. He Zhengtang contributed directly to the creation of two joint ventures. “The rapidly evolving futures markets present new and exciting opportunities, and with the experience of He Zhengtang we will be enabling MOFEX to continue its path to success,” said Peter Cole, Chief Executive Officer at Melbourne Options and Futures Exchange.

“An innovator and accomplished individual, He Zhengtang brings with him a multitude of experience in futures markets for MOFEX. Russell Holland has established a successful start and a path for MOFEX during the beginnings of an industry that has faced many challenges. We would like to thank Russell Holland for his exemplary leadership and contributions, and we along with the organization look forward to working with He Zhengtang”, Mr. Peter Cole also stated.

William Cornel, Managing Director for Melbourne Options and Futures Exchange said,“Russell Holland has absolutely done a fine job in the beginnings and the development of MOFEX. He single-handedly brought success to the organization through his personal involvement and catapulting MOFEX towards difficult times, as well as being professional in managing MOFEX during the most difficult times of this markets. MOFEX and I share satisfaction and pleasure with He Zhengtang as a successor for the growth of MOFEX’s operations.”

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Melbourne Options and Futures Exchange (MOFEX) Launches New Software-Based Service Trading Platform

The Trading Department of the Melbourne Options and Futures Exchange today released a statement regarding the availability of its open source trading platform over MOFEX TECH’S network. The service is specifically designed for high volume traders and provides a high-performance hosted infrastructure with the versatility of an open source platform at a small portion of the cost of on-premise proprietary trading systems.

“The clients of today are requiring the best performance and the most minimal inactivity possible while discharging IT management problems and unneeded costs so that they can focus on what they do best which is to trade,” said He Zhengtang, President of Melbourne Options and Futures Exchange. “With MOFEX TECH by our side, we can provide this solution through a managed hosting platform. Our customers can expect to experience reduced costs of payments, versatility and performance advantages that they need to compete in this era of trading.”

The new service from the Trading Department of Melbourne Options and Futures Exchange gives Trading Companies of different sizes the versatility traders need to pursue alpha at a cost model that only an open source business model can deliver.

The clients begin with the level of capacity that they require and expand seamlessly, making payments on a basis of what they use. MOFEX TECH will host the trading platform as a partnered solution. The customers will be able to access this platform together with other services including MOFEX TECH’s high-performance, dependable and flexible directed order routing capability.“The end-to-end solution available from Melbourne Options and Futures Exchange Trading Department and MOFEX TECH shows our dedication to searching for other methods to attract liquidity and meet the needs of our clients with versatile, open and cost-effective products,” said Jiang Dao Lee, Head of MOFEX Trading Department. “By giving a solution in a secure environment, we can address concerns such as Internet speed requirements, procurement, maintaining market data infrastructure and connectivity so that our clients can spend more of their time focusing on their core competencies”, completed Mr. Dao Lee.

About MOFEX
The Melbourne Options and Futures Exchange (MOFEX) is a leading multi-product commodity and currency derivatives exchange.

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MOFEX Names Arthur Hatch to Head Team as Director of Services

MOFEX, one of the world`s most diverse marketplace announced that it has appointed Arthur Hatch, as an executive with over two decades of industry experience, to its team as Director of Services. Arthur Hatch will report to William Cornell, the Managing Director. Arthur Hatch will be in charge for heading the growth, enactment and management of MOFEX interest rate, derivatives, swaps and other product lines. He previously served as Managing Director for a leading Asian banking corporation. “MOFEX proceeds to expand its business and client base all over the world, with our extensive suite of financial products,” said MOFEX C.E.O Peter Cole. “Arthur Hatch’s addition to our executive team, along other key personnel who leads our commodity trading department, and William Hudson who leads our OTC Trading Department, will further enhance the capabilities of our team as we continue to successfully enact our global growth strategy.”

“Our global sales force continues to focus on providing innovative products and clearing services, as well as outstanding customer service, to market participants worldwide,” exclaimed Mr. Hatch. “William`s experience growing MOFEX volumes of almost twice the previous figures calculated, as well as his expertise enhancing our team and our product offering as one of the largest regulated marketplace in the Asia – Pacific, will be of incredible advantage to us, as we expand our on-MOFEX and OTC offerings in our interest rates, credit swaps and other business lines.” Prior to joining MOFEX, Arthur Hatch, acquired nearly two decades’ worth of experience in the global market, most recently as Managing Director, for a leading banking corporation where he was tasked with the development and management of the product platform, trading, technology and structured products offering in the company’s futures options business.

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Saxo Bank And ICAP Shipping Involved In World’s First Electronic Container Freight Swap Settled In USD

Saxo Bank, the trading and investment specialist, and ICAP Shipping, the shipping arm of ICAP plc, announced on Thursday that they were involved in the execution of the world’s first electronic, voice-assisted trade of a container freight swap agreement settled in US dollars.

The counterparties to the trade were Saxo Bank in Denmark as the buyer and a Netherlands-based trading house as the seller. ICAP Shipping was the broker of the trade. The container freight swap agreement was executed on ICAP’s Webtrader platform, with manual input from ICAP Shipping brokers and cleared by LCH.Clearnet.

The trade was executed by rugby star Lawrence Dallaglio during ICAP’s 19th annual Charity Day. On ICAP Charity, all ICAP revenues are donated to a selection of 200 charities and celebrity patrons are invited to help close deals. Mr. Dallaglio attended ICAP Charity Day in support of Cancer Research and Great Ormond Street Hospital.

Container freight swap agreements lock in the freight exposure for standard containers transported from Asia to Europe, Mediterranean countries and the United States. Cash flow for this sort of freight exposure has been unpredictable for retailers, importers and logistic companies in the past and the concept of pricing container freight against indices and using swap agreements to manage the risk has attracted many industry participants over the last year. Screen execution with the added surety of voice broker assistance was a key requirement of customers.

Henry Liddell, CEO ICAP Shipping said: “The execution of the world’s first electronic container freight swap agreement is an important milestone in the on-going development of the container swaps market. This youngest segment in the shipping industry has seen a rapid growth over the last decade and will become an even more important risk management tool in the current economic environment. Container swaps are a hedging tool for the container industry to manage the price volatility of the physical market.”

Johan Gade, Freight & OTC Derivatives, Saxo Bank said: “We fully support electronic freight derivatives trading and believe that going forward container swaps will be a valuable addition to the electronic dry bulk and tanker freight derivatives offering we are about to launch.”

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Saxo Bank Announces Half Year Results

Saxo Bank reported a net profit of DKK 346 million for the first six months of 2011. The result which is in line with expectations represents an increase of 375% over the second half of 2010, and a decrease of 37% compared with the first six months of 2010, where market activity and volatility were unusually high.

– Operating income DKK 1,772 million (DKK 1,992 million)
– Profit before tax DKK 474 million (DKK 729 million)
– Net profit DKK 346 million (DKK 551 million)
– Solvency ratio 12.3% (19.2%)
– Clients’ collateral deposits DKK 32,855 million (DKK 26,590 million)
– Assets under management DKK 32,357 million (DKK 24,606 million)

Saxo Bank saw a significant increase in average monthly volumes traded in CFD stock indices, single stocks and commodities, cash stocks, FX options and futures compared to the same period last year. Monthly FX volumes averaged approximately DKK 1.2 trillion in the first half of 2011, with lower trading volumes in the first quarter and a pick up in the second.

While the overall trader and investor activity level was moderate in the first half of 2011, the Bank saw continued growth in clients’ collateral deposits and assets under management, which are the foundation for future business and profits. Total assets under management in Saxo Bank’s trading business increased from DKK 31.2 billion as of 31 December 2010 to DKK 32.4 billion as of 30 June 2011. Clients’ collateral deposits in Saxo Bank’s asset management business increased from DKK 31.3 billion as of 31 December 2010 to DKK 32.9 billion as of 30 June 2011.

Operating income for the first six months of 2011 reached DKK 1,772 million for the Group. This is lower compared to the same period in 2010, but represents an increase in trading-related income following on from the second half of 2010.

Kim Fournais and Lars Seier Christensen, co-founders and CEOs of Saxo Bank, said in a joint statement: “Saxo Bank achieved a satisfactory half-year net profit fully in line with expectations, despite general market conditions which reduced risk appetite in the economy and dampened capital market activities. While keeping a close eye on overall cost developments, Saxo Bank will keep its focus on expanding our products and services as well as optimising the efficiency and profitability of our operations. Overall, we believe the Group has a solid foundation for current and future operations and we expect to continue to create value for our stakeholders.”

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Saxo Properties and Resolution Property Form a €250 Million Joint Venture

Saxo Properties, the property investment arm of Saxo Bank, the Copenhagen-based trading and investment specialist, has entered into a joint venture with Resolution Real Estate Advisers LLP “Resolution Property”, the pan European real estate fund, whose investors include some of the major US universities such as Harvard and Yale and foundations, currently has €1.5 billion of assets under management.

The Joint Venture will focus on co-investing up to approximately €250 million in the central business district of Copenhagen, targeting residential and mixed use, residential and commercial buildings which will benefit from the application of intensive asset management, including refurbishment and the repositioning of occupiers. With an in-house team of 15 highly skilled property professionals and a facilities management arm, Saxo Properties is well positioned to identify off market opportunities, and implement an asset management programme of improvements resulting in significantly enhanced returns for investors.

The new venture, which is already targeting its first purchases, will have a life of three to five years with the emphasis on income growth and capital gains.

Jesper Damborg, Chief Executive of Saxo Properties said: “We are delighted to have teamed up with Resolution Property, one of the leading pan European real estate investors, with assets across Continental Europe. The Joint Venture will seek to take advantage of carefully selected opportunities which have the potential to produce above average returns in the medium term.”

Robert Laurence, Chief Executive of Resolution Property said: “The stability of the underlying economy in Copenhagen, coupled with the opportunity to acquire good quality assets at levels representing a significant discount to their peak values, is of great appeal to us. Our Joint Venture with Saxo Properties provides a highly experienced property team at local level with an established track record of achieving good returns and an exciting opportunity for us to develop our value add real estate strategy in a new market place.”

Saxo Properties is a wholly owned subsidiary of Saxo Bank and was launched in March 2010 to provide closed end funds for both high net worth clients and institutional investors, focusing on residential, office and retail property in Central Copenhagen.

Originally founded in 1998, Resolution Property, backed by a shareholder base including international private equity investors, pension funds and major US universities and foundations, is invested across continental Europe including France, Poland, Germany, United Kingdom and Switzerland. With a €808 million capital raising completed in 2007, Resolution Property is targeting a portfolio size over €2.6 billion.

de Morgan & Company of London, acted on behalf of Saxo Properties in the negotiations and Resolution Property was represented by Whitmarsh Holt Young along with local advisers including Plesner and Sadolin & Albæk.

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Saxo Bank Stays With Riis Cycling in 2012

Saxo Bank and Bjarne Riis, owner and manager of Riis Cycling A/S, have announced that Saxo Bank, a sponsor for the cycling team since 2008, will remain co-title sponsor in 2012 with SunGard, one of the world’s leading software and technology services companies.

Bjarne Riis said: “It is indeed a great day for our cycling team. Saxo Bank is an extremely professional company, so I am proud that Saxo Bank has a strong faith in our work and continues to see the commercial benefits in sponsoring our team.”

“Since 2008 we have shown in both words and actions that we are a great match, and I am convinced we will continue to grow together because of the obvious benefits in a long term relationship. The continuity in our partnership also means a lot for the riders and for me personally. Now we can focus all our attention on creating results and the working process of putting together a strong rider group for next year.”

Saxo Bank, the online trading and investment specialist, recently launched Saxo Privatbank, combining traditional banking services with a professional investment universe, and the bank says it has taken a strategic decision to continue the sponsorship in 2012.

In a joint statement, Kim Fournais and Lars Seier Christensen, co-CEOs and co-founders of Saxo Bank, said: “Saxo Bank has always believed it was a sound commercial decision to support Bjarne Riis and the rest of the team but at the same time, it is hard to exaggerate the impact Bjarne Riis has on Danish and international cycling. We have a genuine desire to support Bjarne and provide the team with the necessary resources it takes to stay on top. Bjarne Riis and the team are a huge inspiration and motivation for many young talents, and Saxo Bank is proud to continue to ensure a world class cycling team in Denmark.”

The name of the team will remain ‘Saxo Bank-SunGard Professional Cycling Team’.

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Saxo Bank Announces Ole Sloth Hansen to Visit Dubai

Saxo Bank, the online trading and investment specialist, has announced that Ole Sloth Hansen, senior commodity Manager at Saxo Bank, will be visiting Dubai in early June to discuss with investors and the financial media recent trends in commodity prices, which have risen dramatically over the past two years.

Total investments into commodities have risen 250 per cent from US $159 billion in 2008 to $400 billion in 2011, according to Barclays Capital, with investments in gold and silver rising three-fold during the period.

Hansen recently observed that investment flows into commodities have been very strong due to a combination of strong fundamentals and new inventions, such as exchange traded funds (ETFs), which has made the sector accessible to everyone.

“ETFs have had a strong impact on the commodities market, making them accessible to everyone from the biggest hedge fund managers to the retail investor,” said Hansen.

“May has been a month of setbacks across most commodities. Prior to this, commodities had been outperforming bonds, equity and currency investments, so it is most likely that this deceleration is just a temporary correction in an overall bullish market.”

Ole Sloth Hansen is a specialist in traded futures with over 20 years experience, both on the buying and selling side. He joined Saxo Bank in 2008 and today works as a senior manager analysing a diversified range of products from fixed income to commodities. He previously worked for 15 years in London, most recently for a multi-asset Futures and Forex Hedge fund where he was in charge of the trade execution team.

Ole Sloth Hansen will be in Dubai 7/8 June to discuss the commodities landscape at present and the new strategies for entering the market through ETFs.

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Saxo Bank Provides Retail Derivatives Trading to TD Waterhouse

Saxo Bank, the specialist in online trading and investment, has announced it will provide TD Waterhouse, the UK’s leading execution only broker, with an online derivatives trading platform for retail investors. Through Saxo Bank’s technology and service, TD Waterhouse will enhance its offering to enable customers to take control of their trading through TD Derivatives Trading for Contracts for Differences (CFDs), FX and Futures.

The TD Derivatives Trading account, which will be provided by Saxo Bank, has been developed to respond to the needs of sophisticated derivatives traders. Clients can tradeCFDs with commissions starting from 0.15% (minimum £15) on all markets. They can also take advantage of one of the leading FX Trading offerings available, with access to more than 160 FX currency pairs. The account also includes Futures, enabling customers to trade over 450 instruments on live market prices from exchanges around the world. TD Derivatives Trading clients can also create their perfect trading environment using two, free customisable platforms that can be adapted to their exact specifications.

Darren Hepworth, trading and customer services director at TD Waterhouse commented: “We always strive to ensure our customers have access to the best products and services. With the launch of TD Derivatives Trading, our customers can take control of their trading needs and create their perfect trading environment.”

Albert Maasland, CEO of Saxo Bank London added: “We are thrilled to be working with the preeminent execution only broker, TD Waterhouse. Their decision to adopt Saxo Bank’s technology and service are testament to the effectiveness of our offering in the retail market place. We strive to develop a collaborative business model, and the launch of this service reinforces the strength of our Institutional solutions.”

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Saxo Bank Scoops Six Awards at the Euromoney Annual FX Survey 2011

Saxo Bank has picked up no less than six awards at the Euromoney annual FX survey 2011. The categories in which the online trading and investment specialist was voted into the top spot for are:

– Best Improved Overall Market Share By Volume ($10bn – $25bn)
– Best Improved Overall Market Share By Volume ($5bn – $10bn)
– Best Speed of Execution
– Best Research and Analytics
– Best Effective Risk Management and Execution Strategies
– Best Integrated Workflow and Compliance Solutions

Albert Maasland, Senior Vice President and Chief Executive of Saxo Bank London said at the awards ceremony in London last night: “These awards are an accolade to Saxo Bank’s experience in the online trading business and its recognition in the market place. Saxo Bank received more award wins this evening than ever before in our history. This follows our best full-year results ever. I am honoured to accept these awards on behalf of our two founders and my colleagues. All six awards reflect our ongoing commitment to respond to our broad client base and provide the FX market with consistent competitive pricing and leading value-adding products and services.”

The Euromoney annual Foreign Exchange survey is in its 22nd year. The survey is the industry’s leading review of FX trading, research and e-business capabilities and is widely considered as the benchmark league table for the FX market. The awards are a reflection of the efforts of the wider FX industry to provide the tools and functionality that make trading FX more efficient. Results are based on qualitative responses from thousands of companies around the world. Last year over 11,700 votes were cast in the survey, including those of treasurers, traders and investors.

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Saxo Bank First To Offer Direct Online Trading In Brazilian Market

Saxo Bank, the specialist in online trading and investment, has launched four futures that will, for the first time, offer investors who are not residents in Brazil direct access to the Brazilian market. The products include the Bovespa Index and USD/BRL cross and enable investors to gain exposure to one of the currently most buoyant economies and hedge risks in their portfolios.

With this launch, Saxo Bank provides investors with four futures investment instruments – the BOVESPA Index, IBOVSPA Index Mini, BMF US Dollar Future and Mini BMF US Dollar – that are available on all of the bank’s platforms (SaxoTrader, SaxoWebTrader and SaxoMobileTrader).

Moreover, Saxo Bank expands its coverage to over 20 futures markets and more than 80 trading venues which can be accessed via a product range comprising more than 22,000 financial instruments.

In a statement, Pedro Brigham, director of the Latin region for Saxo Bank, said: “The rise in commodity prices has put Brazil on investors’ radars. Its excellent economic growth, political stability and a liquid market where over 3.5 billion US dollars are traded on a daily basis have made the country the clear leader in Latin America at a time when investors increasingly demand greater access to emerging markets”.

Claus Nielsen, executive vice president and head of markets at Saxo Bank, added: “The launch of futures trading in Brazil marks a significant milestone for Saxo Bank, and we are proud to be able to offer our global client base access to this vibrant economy. We look forward to expanding the list of available instruments in Brazil and to further add trading venues in emerging countries to our platform.”

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Saxo Bank Releases Quarterly Outlook For Q4 2010

In its economic outlook for the fourth quarter of 2010, Saxo Bank recognises growing optimism in recent months due to a strong earnings season but the state of the US economy still overshadows these results. Saxo Bank, the trading and investment specialist, expects final sales to remain weak in the second half of 2010 and into 2011 and the unemployment rate to continue to hover just below 10% in the fourth quarter.

Commenting on the outlook, David Karsbøl, Saxo Bank’s Chief Economist said: “With the S&P 500 currently trading around the same level as it did at the beginning of the year, and with the lack of investments due to a weak housing market, the ongoing trouble in Southern Europe, and most developed economies, Saxo Bank fears that a cold front will stall, bringing more challenges and adversity going into 2011.”

Equities rely on the notion that the impressive earnings growth rates, recorded in earlier quarters, can be sustained. According to the Bank, the trouble is that earnings growth currently comes almost exclusively from one source: margin expansion, and while productivity gains can only take income to a certain level, sales growth must soon step up to the challenge.

The Bank predicts that spending at state and local levels remains a downward trend as policymakers scramble to balance their budgets. Despite the fact that the recession is generally perceived to have ended in the summer of 2009, it is still very much a reality at state and local levels.

“Double dip fears re-emerged over the summer as the deceleration in the US economy progressed as predicted in our 2010 Yearly Outlook. We expect growth to come to a complete halt in the fourth quarter of 2010 as consumption deleverages, the manufacturing sector will slow down, and investments will be negatively affected by the weak housing market. Unfortunately, the risk of a double dip, within the next few quarters, is substantial in our view.” Karsbøl added.

The Quarterly Outlook Q4 2010 focuses on the following areas: general market comment, macros forecast, FX outlook, equity outlook, commodity outlook and policy rates.

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Saxo Bank Launches New Suite Of Free Forex Widgets

Saxo Bank, the specialist in online trading and investment, is launching a new Forex Content Sharing Program, with a suite of freshly-designed Forex widgets that bring real-time FX prices, charts and commentary, to any website or blog.

Saxo Bank Launches New Suite Of Free Forex Widgets

Forex Trading widgets are ‘mini web pages’ which add live, continually updating FX content to a website. Seven customisable web widgets, including a Forex Quote List, Currency Converter, Forex Ticker, real-time Forex Chart, Economic Calendar, Price Alert and Market Call videos, are now available to webmasters and bloggers who register as Content Sharing Partners. Each widget is based on Flash components, making it simple to add them to any platform, including Facebook, WordPress and Blogger.

“Widgets are becoming increasingly popular as internet tools. Ours allow users to add live Forex content to any website, whether it’s a financial site, an FX trading blog or a travel site offering its customers real-time currency conversions,” said Adrian Coxon, Saxo Bank’s head of Online Marketing.”With our Content Sharing Program, Saxo Bank is making it easier than ever for a variety of websites to add Forex information that will be relevant and useful to their visitors.”

“All of our widgets have been re-designed for today’s blogs and websites,” Coxon added, “And we’re particularly excited to be adding streaming video with Market Call, which delivers video updates from Saxo Bank’s renowned Forex analysts directly to our Partner’s websites.”

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Saxo Bank Launches New Video Channel For Forex And Equity Programmes

Saxo Bank, the specialist in online trading and investment, is launching a new one-stop video site for its market commentary, interviews and educational programmes.

Saxo Bank Launches New Video Channel For Forex And Equity Programmes

The Bank produces many hours of financial news and analysis from its own state-of-the-art studio at its head office in Copenhagen, Denmark. The studio is in daily use by Saxo Bank’s team of analysts providing comments to international and local TV stations such as CNBC and Bloomberg.

Videos for Saxo Bank’s websites have been hosted by Saxo Bank using third-party servers and are shown on several websites within Saxo Bank and sharing sites such as YouTube. The new video site uses a web-TV platform from 23Video, a Danish web start-up.

“Video is becoming increasingly important as a way of reaching investors with commentary on the markets and educational programmes for traders that are new to online markets,” said Dinis Guarda, Global Head of SEO and Social Media Strategy at Saxo.

“We have been running a weekly Forex and equities update since May last year and have produced around 250 trading strategy videos featuring interviews with Saxo Bank’s analysts for the www.tradingfloor.com website,” he added.

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Trade in Gold – Risk Free

Is it really possible to invest in the gold market completely risk free? Well according to Best Invest in Gold the answer to that is a resounding yes. In conjunction with the launch of their new website, www.bestinvestingold.com, they are offering an incredible incentive to attract new investors.

With international offices in Milano, Italy, and Frankfurt, Germany, Bestinvestingold.com has been professionally branded for the retail investor in almost any country, be it the United States or the United Kingdom, to have access to information and trading platforms dealing in gold futures contracts not typically available through their brokerage accounts. In addition to the company’s new logo, it has selected as its tagline, “Trading Your Gold Futures”, to indicate not only its known expertise in trading the gold futures and gold options contracts, but also to communicate its message that in today’s economic environment, commodity and other type investors can look at gold trading as another alternative investment vehicle to build their future portfolios.

A spokesman for the company said that with gold currently trading in the US$1,200 area, and having tripled over the past eight years, he sees no reason for this trend to end. However, f r o m a trading perspective, it does not really matter which direction gold is moving as the company uses sophisticated trading models to lever up the investment for maximum returns by following short-term trends occurring on different exchanges in response to fast moving market conditions as they happen.

“It may not be uncommon for a U.S. based gold commodity investor to be familiar with The Chicago Board Of Trade or The Chicago Mercantile Exchange, but, just as an example, how many have taken advantage of the opportunities on the Dubai Gold and Commodities Exchanges which has historically been an international hub for the physical trade of not only gold, but also many other commodities? Being specialists based in Europe, we have been making these platforms available to American and European investors since 2005.”

In addition to receiving newsletters and updates regularly, Bestinvestingold.com has their unique first trade strategy for new clients. The firm will match you dollar for dollar in your investment and guarantee to absorb any loss through its tightly controlled risk management trading strategies. If the market moves in the planned direction, through the use of futures and options contracts, each dollar invested becomes more valuable by $1,000. Should the market move against you, the traders will sell out the position and send you back your investment plus ten percent (10%).

Thus, as the company boasts, “You really do have nothing to lose. When introducing a new client, we want them to know we are confident in our ability to make money for them as they deploy risk capital,” In conjunction with the release of the Bestinvestingold.com video website, the company is currently offering a free downloadable report titled, “The Five Reasons Gold Will Hit $5,000”.

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Saxo Bank Launches Property Investment Products

Saxo Bank, the online trading and investment specialist, will now offer property investment products for both private clients and institutional investors through a new company, Saxo Properties.

Saxo Bank Launches Property Investment Products

The newly formed investment firm Saxo Properties, fully owned by Saxo Bank, will launch closed-ended funds for both high net worth clients and institutional investors. Two of the Danish real estate industry’s most well-known individuals, Jesper Damborg and Claus Klostermann, will respectively become CEO and managing director of investments at Saxo Properties.

“Initially, Saxo Properties will focus on handpicked Copenhagen residential, office and retail properties. The first fund will close within the next three months, but we intend to establish a number of funds with a significant ownership capital of at least DKK 250 million,” said Jesper Damborg.

Saxo Bank’s business model is often described as a facilitator model where the bank through its trading platforms offers liquidity, products and services to clients as obtained from other financial institutions. Saxo Properties will use the same model. Saxo Bank has hired Flemming Schandorff, the former COO of ISS, one of the world’s largest commercial providers of facility services, to a similar position at Saxo Properties to facilitate administration of the estates.

“First and foremost, Saxo Properties will prioritize achieving attractive market returns, but we will also focus on how to capitalize on tight cost control and good management, such as rebuilding, mixed lease and general maintenance,” said Jesper Damborg.

Saxo Bank’s CEOs and founders, Kim Fournais and Lars Seier Christensen, said in a joint statement: “Saxo Bank holds asset under management of DKK 40 billion, and our focus on asset management has proved a great success. Many clients have asked for property investment products and there is also a clear synergy between Saxo Asset Management and Saxo Properties, which we can now utilize. Many properties are traded at a low price especially in Copenhagen, so the timing is right to expand our asset management to include property investment products.”

Last year, Saxo Bank bought Sirius Asset Management, Capital Four and 51 percent of Global Evolution. The three companies now form Saxo Asset Management, which has management expertise for Danish bonds, Danish equities, corporate bonds and emerging market bonds.

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Agricote And Saxo Banque France Partner

Saxo Banque France, the online investment and trading specialist, has announced an exclusive partnership with Agricote, the agricultural broker, allowing farmers to manage their selling prices and negotiate agricultural or commodity futures and CFDS online using the award winning SaxoTrader platform.

The partnership with Agricote reflects the evolution of the agricultural industry, and the reality that a new generation of farmers want to control their production and sales, using futures to hedge their output and manage risk. Using SaxoTrader, the partnership enables both producers and buyers to manage market volatility and trade agricultural futures and CFDs online 24 hours a day, with access to 23 stock exchanges.

Commenting on the partnership, Pierre de Perthuis, co-founding partner of Agricote, said: “Our partnership with Saxo Banque will enable farmers to move forward and manage their own production and sales. Farmers no longer want to suffer from the pressures imposed by a volatile market, and seeing farmers taking positions on an online future trading platform is an innovative step forward for the industry. We are very proud to support these pioneers. Farmers are now able to control their destiny”.

Pierre-Antoine Dusoulier, CEO of Saxo Banque France added: “We are pleased to partner with Agricote and acknowledge that the agricultural industry is changing and needs strong support. Agricote was looking for a trusted partner and we met its requirements: Saxo Banque is a perennial French Bank and we have a highly efficient online trading platform and services for fast deployment.”

Main characteristics of the partnership:
– Privileged access to International Futures Markets
– Ability to adopt and implement own marketing strategy
– An appropriate account with user profile
– Trading account access via PC, website or cell phone
– Personalized assistance by Agricote
– A free demo account for 20 days

Farmers will be able to access their online trading platform via a dedicated page on the Agricote website.

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Saxo Bank announce Outrageous Claims for 2010 now live on Trading Floor

Saxo Bank’s annual ‘Outrageous Claims’ now has its own page on tradingfloor.com, the home for news from the Denmark-based online bank’s strategy team.

Among the 10 ‘Outrageous Claims’ for 2010 are predictions of the devaluation of the CNY, the emergence of a third political party in the US, a massive fall in the price of sugar, a positive US trade balance for the first time since the 1975 oil crisis and the US Social Security Trust Fund going bust.

The online futures trade and investment specialist’s ten claims are an annual thought exercise to predict rare but high impact ‘black swan’ events that are beyond the realm of normal market expectations. The exercise aims to challenge market conceptions. Compiled as part of the bank’s 2010 Outlook, the claims this year paint a picture of a more positive year ahead but with a few tremors along the way.

David Karsboel, Chief Economist at Saxo Bank, commented: “We believe that 2010 will be a year of reflation, but structural headwinds lie ahead of us and could turn 2010 into a rollercoaster ride.

“One of the most likely structural headwinds will be a shift in investor focus towards slowing GDP and timing issues regarding the path of FED tightening. This will bring risk aversion back into markets.

“Whilst our annual ‘Outrageous Claims’ should be seen as the black swans of the market rather than outright predictions, we do believe that the odds of these events happening are somewhat higher than what is currently priced into the market,” David Karsboel concluded.

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Saxo Bank Acquires A 40% Stake In Initto

Saxo Bank, the online specialist in trading and investment, has announced the acquisition of a 40% stake in Initto, the Danish owned software and IT services provider. Initto has around 200 employees based mainly in India and Ukraine and the acquisition of Initto will enable Saxo Bank to continue to support and speed up the development of its trading systems.

Saxo Bank Acquires A 40% Stake In Initto

Designed to meet the varying needs and demands of financial investors and traders, Saxo Bank has developed four specialised and integrated trading platforms; the downloadable SaxoTrader, browser-based SaxoWebTrader, compact SaxoMiniTrader and phone-based SaxoMobileTrader.

Mikael Munck, CEO of Initto, commented: “Initto provides a wide range of customized IT services and software engineering solutions to clients. We have been very successful in offering and integrating our services into the organisation of our clients. We offer access to a wide range of international specialists that focus entirely on delivering high quality solutions to our clients’ allowing them to focus on core competencies, freeing up time for innovation and value creation. This is the secret of our success which we are certain Saxo Bank also will benefit from”.

Since its establishment in 2003, Initto has grown by an average of 50% per year and expects to enhance its service offerings with the support of Saxo Bank as a strong financial partner. Initto is headquartered in Ballerup near Copenhagen with a representative office in Oslo. Initto will continue to develop software and provide services to its existing client base.

In a joint statement, Kim Fournais and Lars Seier Christensen, Co-CEOs and co-founders of Saxo Bank, said: “We are thrilled to have acquired this stake in Initto, which has great synergies with Saxo Bank and fit perfectly with our business model. The acquisition is in line with our ambition to acquire fully developed businesses and utilize their expertise to develop and strengthen Saxo Bank’s products and services. Over the next few years, we will be working with Initto to further increase the value we offer our own clients. Initto’s current and future client base will also benefit from our commitment as client and shareholder. We want to remain a first class service provider and we believe Initto can help us achieve this goal.”

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