Reksoft - Software Engineering & IT Outsourcing

Project case studies

Creating a MiniTrader online trading platform for Saxo Bank

Creating a MiniTrader online trading platform for Saxo Bank

Client

Saxo Bank is a leading European bank, exclusively involved in trading and investment in Forex, stock derivatives, stocks from 14 major stock exchanges, futures and managed funds. Founded in 1992, Saxo Bank officially attained European bank status in June 2001 and has rapidly risen to become a strong presence in online trading over the internet. Saxo Bank is based in Copenhagen, Denmark and currently employs over 335 people from 35 countries to service clients in 115 countries.

Challenges

  • Development of online trading platform for private investors
  • Highly competitive market fast-moving market
  • Critical time-to-market factor and high security requirements
  • Bank required BOT model for local, instant and ongoing developer access

Solution

  • Reksoft built dedicated development centre and set up core team
  • Reksoft provided Saxo Bank with a turnkey online trading platform
  • Platform operates all main currency crosses
  • Solution allows investors to trade Forex,FX options and CFDs online

Result

  • New service significantly increased customer base
  • Highly secure online environment with extensive trading modules
  • Platform offers investors real-time trading opportunities
  • BOT development model delivered cost savings and reduced time to market

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