Saxo Bank prime brokerage introduces full amount execution capability

Source: Saxo Bank

Today, Saxo Bank announces a new capability in its FX Prime offering catering for institutional clients.

Running on dedicated infrastructure through Saxo Bank’s DMA liquidity hubs in London and New York, full amount execution ensures a better trade experience and lower market impact for large orders in FX and precious metals. Demand has been driven by growth in small to mid-sized institutional clients turning to Saxo for direct market access and liquidity optimisation services.

Lucian Lauerman, Global Head of Electronic Distribution, comments:

“We have grown our Prime of Prime business quite significantly and we are meeting increasing client demand for execution in large order sizes. To support efficient execution and sustainable liquidity access, we have set up a dedicated infrastructure allowing clients to execute in full amount through liquidity connectivity in both NY4 and LD4. This offers clients better pricing and lower market impact on larger tickets.

We have worked with our DMA liquidity providers to arrange bespoke full amount liquidity feeds for this service. The service runs on a dedicated infrastructure in each location to ensure performance and scalability. In our view, the ability to provide full amount execution on large orders is a key differentiator in our suite of optimised liquidity services in FX.”

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