Saxo Bank plans to add new time range selector in SaxoTraderGO
Saxo aims to introduce the new time range selector to SaxoTraderGO in mid-February 2018.
Online multi-asset trading and investment specialist Saxo Bank is planning to enhance the capabilities of its next-generation platform SaxoTraderGO.
The company has announced that it will be launching a new time range selector for the charts in SaxoTraderGO, with the launch expected in mid-February 2018. As the name of the feature suggests, it allows traders to select a time range as well as a period.
Clicking on Customise enables customization of one’s own period and time ranges – users can have up to 10 default combinations. Clicking on Default will result in resetting all combinations to the defaults.
Saxo continues to enhance the SaxoTraderGO trading platform. In October, the bank announced the launch of a new, comprehensive account functionality on SaxoTraderGO for its global client base. The new account section provides Saxo’s clients with a number of graphical overviews to illustrate how their account value, profit/loss, returns and bookings have changed over a selected time period. It also provides graphical representation of a client’s current and historic portfolio allocations as well as exposures to different asset classes and currencies. Clients can further choose to view an in-depth analysis of their P/L, bookings and cost by trading instrument, specific segment or sector.
Also in October, the bank informed its clients that new chart tools would be made available. These include Linear Regression Lines which represent a new statistical chart annotation tool used to predict future values from past values. In graphical terms, this is a straight line that best fits the prices between a starting price point and an ending price point.
Since the launch of SaxoTraderGO in May 2015, Saxo has kept adding new instruments and functionalities to its multi-asset and multi-device platform. Clients can now trade over 35,000 instruments across different asset classes and have access to tools and features aimed at facilitating greater transparency, control and price improvement on every trade.
More recent novelties for clients of Saxo Bank include the offering of an Essential account – a price competitive solution for entry-level traders. The new account type has launched in the UAE and UK and will be followed by a roll out in Australia and Singapore during the first months of 2018. The Essential account offers access to four asset classes; FX, index CFDs, stocks and bonds. Clients have access to Saxo’s full range of stocks and bonds, but only the most popular FX pairs and index CFDs at very competitive pricing and low minimum funding of 1,000 EUR. Essential also incorporates additional risk management functionality, with limited loss, limited leverage, in line with recent proposals from European regulators.
