22 October 2017
Register now

Saxo Bank adds Ethereum tracker to trading platforms

12 October 2017  |  2924 views  |  0 Source: Saxo Bank

Saxo Bank now offers clients access to trade the Ethereum ETNs issued by XBT Provider AB which were listed on Nasdaq OMX Stockholm stock exchange earlier this week.

As previously announced, Saxo Bank also offers clients access to two Bitcoin Tracker ETNs also listed on Nasdaq OMX Stockholm

The four ETNs are traded without leverage and are available on Saxo Bank’s multi-asset trading platforms, SaxoTraderGO and SaxoTrader.

Claus Nielsen, Head of Markets, at Saxo Bank comments: “We have increasing client demand for exposure to cryptocurrencies and I am very pleased that we can now offer clients exposure to both Bitcoin and Ethereum through Exchange Traded Notes. Cryptocurrency markets are still at an early development stage and we find that listed products like ETNs without leverage, offering high levels of transparency, are good ways to include cryptocurrencies in our multi-asset product offering spanning more than 35,000 instruments. We continue to follow the developments in cryptocurrency markets and expect to able to add more instruments to our offering going forward.”  

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nl visit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15110 views comments | 17 tweets | 29 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13472 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9922 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9904 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8910 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job