Knowledge is power: Saxo Bank to share CME’s educational content to its entire customer base

In today’s media-orientated fintech and electronic trading world, many companies are moving toward the generation of unique content as they realize the intrinsic value of providing commercial information, marketing, research and educational resources on an ongoing basis. The latest example of this dynamic is today’s strategic partnership which has come to fruition between Danish technology-led […]

In today’s media-orientated fintech and electronic trading world, many companies are moving toward the generation of unique content as they realize the intrinsic value of providing commercial information, marketing, research and educational resources on an ongoing basis.

unnamed
Saxo Bank’s emphasis on continual learning: Company’s head office in Hellerup, Denmark is adorned with several libraries

The latest example of this dynamic is today’s strategic partnership which has come to fruition between Danish technology-led electronic trading company Saxo Bank and one of North America’s most prominent electronic exchange technology providers and institutional market places, CME Group Inc (NASDAQ:CME).

According to Saxo Bank, this new agreement is designed to enhance the educational resource service provided by the company.

The partnership will take the form of a content-sharing agreement which has been signed today, rendering CME Group’s educational materials available to Saxo Bank’s global client base.

CME Group’s Futures Institute which provides futures markets education, trading simulation and market research has comprehensively offered education aimed at providing market participants with the knowledge and resources to trade futures for quite some time and to ensure investors understand both the benefits and risks of futures, and options on futures, CME Group provides education on a range of basic to advanced strategies.

Patrice Henault, Head of Futures and Listed Options at Saxo Bank, today made a commercial statement on the alliance:

“Saxo Bank has a proud history in investor education. We want our clients to be able to trade to the best of their abilities and therefore place great importance on broadening knowledge across a range of financial instruments. This partnership with CME Group will further enhance our educational offering.”

Mark Omens, Executive Director and Head of Retail Sales at CME Group added to this:

“Saxo Bank’s deep network of clients provides CME Group with a great opportunity to actively engage with global traders of all types, giving them a solid foundation on the futures markets. The Futures Institute is focused on taking individuals that are interested in trading in the futures markets and providing them with the proper knowledge and resources to enhance their skills. Teaming up with Saxo Bank helps us achieve that goal.”

Featured photograph: Trading floor at Saxo Bank, Hellerup, Denmark with extensive libraries displayed. All photographs copyright FinanceFeeds

Read this next

blockdag

Moon Keynote Teaser Propels a Sale of Over 4.5K Home Mining Rigs for BlockDAG As Cardano & Litecoin Record Price Movements

The recent launch of BlockDAG’s technical whitepaper has sparked significant market activity, culminating in the sale of more than 4.5 thousand home mining rigs.

Executive Moves

Ex-Fed official joins Binance.US amid regulatory hurdles

Binance.US has appointed Martin Grant, a former chief compliance and ethics officer at the Federal Reserve Bank of New York, to its board of directors.

Fintech

PayPal ends protection for certain crypto transactions

PayPal has announced changes to its terms of service that alter the protections provided for non-fungible token (NFT) transactions. Effective May 20, the payment giant will no longer cover NFT purchases under its buyer protection policy, and it will limit seller protections for NFT sales exceeding $10,000.

Retail FX

Plus500 sees modest growth in Q1 revenues, EBITDA margin decreases

Israeli-based, but London-stock market listed Plus500 Ltd (LON:PLUS) today reported a 4% increase in revenue for the first quarter of 2024, with figures rising from $207.9 million in Q1 2023 to $215.6 million.

Technical Analysis

FTSE 100 Technical Analysis Report 16 April, 2024

FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January.

Digital Assets

Cyprus keeps FTX EU license suspended until September

The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX.com’s CIF license, which allowed the insolvent platform to operate throughout Europe, until September 30, 2024.

Metaverse Gaming NFT

Mon Protocol and Pixelverse Forge a Groundbreaking Partnership to Revolutionize Blockchain Gaming

Mon Protocol and Pixelverse make history in the annals of Blockchain gaming as they set up the architecture for the melding of their technologies.

Chainwire

Nimiq Pay Launch: A New Standard For Self-Custodial Crypto Payments

Nimiq, the blockchain ecosystem for payments that is designed to make cryptocurrency easy for everyone to use, has taken the first concrete steps towards its goal of becoming the world’s most widely-accepted digital asset for payments with the launch of Nimiq Pay.

Inside View, Interviews

Exclusive: GoMining’s Mark Zalan wants to democratize opportunities of Bitcoin halving

As the Bitcoin community counts down to the upcoming Bitcoin halving, Mark Zalan, CEO of GoMining, shared exclusive insights into how the company is gearing up for this pivotal event in the cryptocurrency world.

<