Saxo Launches USD 9,000 Trading Competition on TradingFloor.com

PR58144

HELLERUP, Denmark, Oct. 6/PRN=KYODO JBN/ --

    Saxo Bank, the trading and investment specialist, has launched Saxo Trade

Challenge, a trading competition open to Saxo Bank A/S clients with a minimum

funding of USD 2,000 equivalent by 26 October.

    Saxo Trade Challenge will reward the top three performing traders on its

award-winning, multi-asset social trading site, TradingFloor.com, over a seven

week period, from 27 October to 18 December.

    The prize pool for the competition totals USD 9,000, with first, second and

third place winners of the competition to be announced on 19 December. The

winner will be the investor on TradingFloor.com with the highest positive

return generated during the competition period.

    The competition is open for entry from 3-26 October, 2014, after which

trading commences.

    Commenting on the launch of the competition, Rune Bech, Global Head of

Digital Media and Communications, said:

    "Social trading is gaining popularity amongst retail investors.

TradingFloor.com has generated and continue to generate high performing, active

users. They want to be empowered to seize every opportunity that arises in the

market place, and learn from their peers rather than paid professionals. Since

commercial launch in April the number of unique users has grown rapidly and the

growth ratio is expected to continue as we activate further the new language

versions in German, French, Russian, Greek, Turkish, Spanish and Latin Spanish."

    "The Saxo Trade Challenge competition gives them the perfect opportunity to

prove their trading prowess with the full range of Saxo trading tools at their

disposal. We look forward to identifying the winners and rewarding them - let

battle commence."

    #TradeChallenge

    About Saxo Bank

    Saxo Bank is an online multi-asset trading

[http://www.saxobank.com/forex?csref=b1744_Link_boilerplate_pressrelease ] and

investment specialist, offering private investors and institutional clients a

complete set of tools for their trading and investment strategies. Its

financial community portal, TradingFloor.com [https://www.tradingfloor.com ],

is the first multi-asset social trading platform. A fully licensed and

regulated European bank, Saxo Bank enables clients to trade FX, CFDs, ETFs,

Stocks, Futures, Options and other derivatives on our award-winning SaxoTrader

platform, accessible on PCs

[http://www.saxobank.com/trading-platforms/saxotrader ], tablets

[http://www.saxobank.com/trading-platforms/saxowebtrader ] or smartphones

[http://www.saxobank.com/trading-platforms/saxotrader-apps ] through a single

account and available in more than 20 languages. The platform is white-labelled

by more than 100 major financial institutions worldwide. Saxo Bank also offers

professional portfolio and fund management as well as traditional banking

services through Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered

in Copenhagen and has offices in 26 countries throughout Europe, Asia, the

Middle East, Latin America, Africa and Australia.

    SOURCE: Saxo Bank