Saxo Bank Launches FX Prime Brokerage Service

Headquartered in Copenhagen, Saxo Bank has a global presence.

Saxo Prime will offer asset managers, retail brokers and proprietary trading firms low-latency algorithmic trading and co-location services through a partnership with MarketFactory. Direct Market Access (DMA) is also available through Saxo Direct.

This DMA functionality gives clients an access route to market-making banks and electronic communications networks (ECNs) through a single application programming interface (API). The API consolidates access into one point, eliminating costs for upgrad