Saxo Bank Liquidity Grows through FairXchange Partnership

Saxo Bank strengthens liquidity in partnership with FairXchange, utilizing Horizon for enhanced global online trading liquidity management.

Home » Saxo Bank Liquidity Grows through FairXchange Partnership

Saxo bank partnership with FairXchange, specializing in FX markets for enhanced liquidity management. The collaboration aims to strengthen Saxo Bank’s global online trading and execution services by leveraging FairXchange’s liquidity management platform, Horizon.

FairXchange is dedicated to ensuring commercial sustainability in the FX space for all participants, emphasizing collaboration between buy-side and sell-side entities. The partnership with Saxo Bank underscores a commitment to fostering data-driven dialogue with Liquidity Providers (LPs) and optimizing liquidity for mutual benefit.

Guy Hopkins, the CEO and Founder of FairXchange expressed enthusiasm about welcoming Saxo Bank to the network, highlighting the bank’s early adoption of data-driven dialogue with LPs. He expressed delight in aiding them to sustain a collaborative spirit, working to maximize opportunities for them, their LPs, and their clients. James Dewdney-Herbert at Saxo Bank shared positive feedback on the partnership, stating, “The relationship with FairXchange is already off to a very strong start.” 

Saxo Bank Boosts Liquidity Management with FairXchange Partnership

Since implementing FairXchange’s Horizon platform, Saxo Bank has observed a substantial increase in engagement from trusted liquidity partners, resulting in greater profitability for both parties and improved client liquidity.

Founded in 1992, Saxo Bank has been at the forefront of making global financial markets accessible. Having launched one of Europe’s first online trading platforms in 1998, the bank has consistently provided professional-grade tools and facilitated easy access to global financial markets for investors worldwide.

Saxo Bank’s recent financial performance showcases a month-over-month increase of 13.6% in forex trading volume for December of the previous year, reaching $13.8 billion – the highest since March. The average daily volume for FX rose to $6.4 billion, indicating a year-over-year increase of 16.3%. Despite a slight drop compared to December 2022, the overall monthly volume at Saxo increased by 1.8% to $369.5 billion, fueled by heightened demand for forex. Lastly, The positive outcomes highlight Saxo Bank’s resilience and ability to adapt to evolving market conditions.

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