Saxo Bank Scoops Six Awards at the Euromoney Annual FX Survey 2011

HELLERUP, Denmark, May 5, 2011 /PRNewswire/ -- Saxo Bank has picked up no less than six awards at the Euromoney annual FX survey 2011. The categories in which the online trading and investment specialist was voted into the top spot for are:

- Best Improved Overall Market Share By Volume ($10bn - $25bn)

- Best Improved Overall Market Share By Volume ($5bn - $10bn)

- Best Speed of Execution

- Best Research and Analytics

- Best Effective Risk Management and Execution Strategies

- Best Integrated Workflow and Compliance Solutions

Albert Maasland, Senior Vice President and Chief Executive of Saxo Bank London said at the awards ceremony in London last night: "These awards are an accolade to Saxo Bank's experience in the online trading business and its recognition in the market place. Saxo Bank received more award wins this evening than ever before in our history. This follows our best full-year results ever. I am honoured to accept these awards on behalf of our two founders and my colleagues. All six awards reflect our ongoing commitment to respond to our broad client base and provide the FX market with consistent competitive pricing and leading value-adding products and services."

The Euromoney annual Foreign Exchange survey is in its 22nd year. The survey is the industry's leading review of FX trading, research and e-business capabilities and is widely considered as the benchmark league table for the FX market. The awards are a reflection of the efforts of the wider FX industry to provide the tools and functionality that make trading FX more efficient. Results are based on qualitative responses from thousands of companies around the world. Last year over 11,700 votes were cast in the survey, including those of treasurers, traders and investors.

SOURCE Saxo Bank