Saxo Bank, Valuable Capital Partner On Investment Services

BBR Staff Writer Published 19 March 2018

Denmark-based fintech specialist Saxo Bank has collaborated with Hong Kong-based Valuable Capital Group to provide investment services for the global clients.

The partnership intends to leverage Saxo Bank’s trading technology and access to global capital markets, helping to provide diversified, convenient and professional global investment services.

Valuable Capital Group, part of the Chinese technology firm Sina Corporation Group, manages offices Shenzhen and Beijing.

In 2017, Sina invested in Valuable Capital Group to expand its financial services in overseas.

As part of the deal, Valuable Capital Group will offer investors access to over 35,000 financial instruments leveraging the multi-asset trading technology of Saxo Bank.

The deal will also help Saxo Bank to provide enhanced offerings and better services to the customers through using local expertise and insights of Valuable Capital Group.  

Valuable Capital Group chairman Ge Xu said: “By cooperating with Saxo Bank, Valuable Capital Group is able to provide clients with access global financial markets with a specific focus on the European markets.

“We are committed to the technological reforming of financial services in Hong Kong and working with Saxo Bank, a leading global multi-asset trading and investment specialist, is a milestone for the Group.”

Saxo Bank founder and CEO Kim Fournais said: “Saxo Bank was a fintech long before the term was created and we use that strong technology foundation to deliver wholesale solutions and Banking-as-a-Service.”

Saxo Bank, which is specialized in multi-asset trading and investment, provides Banking-as-a-Service to wholesale clients.

Saxo is a fully licensed and regulated bank that allows its direct clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices.

In addition, Saxo offers wholesale institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology. Its trading platforms are available in more than 20 languages.


Image: Saxo Bank headquarters in Hellerup, Denmark. Photo: courtesy of Jensejnerjep.

RECENT NEWS

USAA To Expand Workforce In Chesapeake To Support Growing Membership

Company adding more than 500 employees in the area over the next two years Read more

USAA Advocates For Safe Driving Habits During 100 Deadliest Days Of Summer For Teens

New Safe Driving Simulator virtual experience helps drivers identify bad habits ahead of summer travels Read more

USAAs Poppy Wall Of Honor® Returns To National Mall For Sixth Year To Honor And Remember Fallen Service Members

Enhanced experience provides immersive storytelling to illustrate all that was given in service to our country Read more

USAA Appoints Brian Goldman As Chief Risk Officer

USAA announced today the appointment of Brian Goldman as its new Chief Risk Officer, effective May 27. Read more

Strong Financial Performance Reflects USAAs Unwavering Commitment To Members And The Military Community

Association added 1 million new members and continued to serve the military community and their families through enhance... Read more

USAA And The Valero Texas Open Join Forces To Honor Military Heroes

Service Members and Veterans to Receive Exclusive Benefits and Complimentary Access Read more