Saxo Bank Forms White Label Partnership with Phoenix Finance

Under a MoU, the Chinese fintech firm will integrate Saxo’s investment and trading capabilities.

Beijing

Saxo Bank will allow access to its 30,000 financial instruments to Beijing-based Phoenix Finance through a white label partnership.

The financial information provider will integrate Saxo's capabilities directly into their applications and systems.

The integration, which will start in the first quarter of 2017, will be based on Open API, a product offering a broad range of customizations of Saxo Bank's multi-asset investment and trading technology.

Vince Zhang, president of Phoenix Finance, said in a statement that the partnership would offer their three million users more investing opportunities.

"Through this relationship, Phoenix will be able to expand its product depth and provide our millions of investors with a more diverse product portfolio and innovative analytical tools," Zhang said.

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