Saxo Bank launches historic spread tool
Saxo Bank, the online trading and investment specialist, has launched a new tool on Saxobank.com that allows traders to see the average spread as well as minimum/maximum spread over a historical time period and sort them by volume and time of day.
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The tool is available on the website and allows traders to adjust the settings to view data that is specific to their particular trading style.
Mikael Breinholst, Global Product Manager, Saxo Bank comments: "There is more to FX pricing than the raw spread. The launch of our Historic Spreads tool provides both transparency of pricing and best execution to clients. The tool enables traders on our platforms to view exactly what Saxo Bank has delivered in the past, which they can use to optimise their trading strategies."