Saxo Bank adds market overviews to SaxoTraderGO mobile trading app

Saxo Bank adds market overviews to SaxoTraderGO mobile trading app

Saxo Bank SaxoTraderGO

Saxo Bank, a Danish bank specialized in providing online trading services, said on Wednesday it has released an updated version of its mobile trading application SaxoTraderGO, in which it introduces a comprehensive overview of global equity markets.

The overview section includes data about the following sub-sections:

  • Indices – display the last traded value and intraday percentage. Selecting an index from the list selects the overview chart, gainers and losers, news and calendar events from the exchange mapped to the index.
  • Gainers / Losers – displays the 20 highest and 20 lowest performing stocks from the exchange mapped to that index. The data is based on the entire exchange mapped to the index, not just the index constituents
  • News – displays filtered news for the selected index based on the news subscriptions users have available
  • Calendar Events – displays upcoming events related to the selected index for the next five calendar days. Each event has a countdown associated with the expected release of the actual data and once the countdown is reached, the counter will disappear and the data displayed
  • Overview Chart – offers a fixed 24-hour view of index, additional price information and performance data for a week, a month, a quarter, six months, as week as for one, two or five years
  • Context Menu – users can click on an instrument in Gainers or Losers to access to a context menu to trade, open Equity Research (if subscribed), add a price alert or open the Overview for the instrument

SaxoTraderGO is the mobile version of Saxo Bank’s proprietary online trading platforms SaxoTrader. It is available for devices with Android and iOS operating systems, in addition to web devices. SaxoTrader and SaxoTraderGO were launched in May 2015, and in November the same year the bank discontinued the other two trading platforms it operated at the time – the SaxoMobileTrader and SaxoTabletTrader.

Saxo Bank holds a banking license from Denmark’s Financial Supervisory Authority (FSA) and acts as a brokerage firm and a market maker, offering trading in more than 30,000 instruments, including forex, binary options, contracts for difference (CFDs), stocks, futures, and bonds.

The group operates through its subsidiary companies across Europe, Asia and the Middle East, Australia, South America, and South Africa.

Source: Saxo Bank

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Saxo Bank reports 45% rise in net profit for H1 2017

Saxo Bank – a major global financial services provider