Saxo Bank Voted Best Bank for FX Investors for Second Year Running

Dubai, 16 November: Saxo Bank has been awarded FX Week’s Best Bank for FX for Investors for the second year in a row. The Copenhagen-based online investment bank was again voted into the top spot by readers of the industry’s flagship publication, consisting of FX market professionals.

Saxo Bank is expanding its business in the Middle East and conducting a road show in Dubai and Abu Dhabi next weekend. The seminars have generated huge amounts of attention with 500 participants alone for the event in Dubai.

CEO Lars Seier Christensen will participate in the seminar in Dubai, November 23.

The FX Week Best Bank Awards are a benchmark for performance in the global FX industry, and are considered to be the most accurate indicator of who is leading the market. The results of FX Week’s Best Bank are voted on by market professionals and reflect Saxo Bank’s sophistication in serving investors in FX trading.

Saxo Bank offers a complete online trading, portfolio and wealth management solution for the professional investor in a dynamic environment where product innovation and relationship management takes precedence.

“We are delighted to win this award for a second time and very proud of being chosen by FX investors” says CEO Lars Seier Christensen and CEO Kim Fournais, who co-founded Saxo Bank 15 years ago. “The FX investors know the industry inside out and therefore it means a lot when they choose Saxo as their favourite bank.”

The accolade adds to a host of other awards Saxo Bank has won this year. These include the e-FX award for Best Retail Platform, the Profit & Loss award for Best Retail Platform, and the Euromoney awards in the single-bank platform category, the speed of execution category, the quality of pricing category, and the post-trade services and options services categories.

Results of the FX Week Best Banks awards are based upon surveys of FX market professionals in August and September 2007, who were invited to nominate their preferred banks, brokers and vendors in a range of categories. Final rankings were broken down according to total number of bank voters, as well as by corporate and investor clients.

Media enquiries:

Saxo Bank:
Kasper Elbjorn on +45 26137001
Fleming Voetmann on +45 51595036 or pressdepartment@saxobank.com.

Matrix PR:
Jack Pearce, +971 (0)4 3430888/ jack@matrixdubai.com
Sharon Pereira, +971 (0)4 3430888/ sharon@matrixdubai.com
Huda Baseer, +971 (0)4 3430888/ huda.b@matrixdubai.com

About Saxo Bank A/S
Saxo Bank A/S is a modern investment bank specializing in online investments in international Capital Markets. Saxo Bank enables clients to trade currencies, shares, CFDs, futures, options and other derivatives, as well as providing portfolio management via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is available to today's investor directly through Saxo Bank or through one of our global partnerships, where it forms an integral part of their infrastructure. One of Saxo Bank's significant areas of business is White Labelling. This involves the bank’s online trading platform being customized and branded for other financial institutions and brokers. Saxo Bank has more than 85 White Label Partners and boasts thousands of clients in over 177 countries. The bank's website www.saxobank.com receives approximately 65,000 visitors every day. Saxo Bank currently employs almost 1,200 employees from 58 different countries.

Saxo Bank has its headquarters in Copenhagen, with offices in London, Geneva, Zürich, Singapore and Marbella. It also runs a representative office in Beijing and an IT development centre in St. Petersburg.