LONDON, March 18, 2013 /PRNewswire/ --
Saxo Capital Markets UK, the multi-asset online trading and investment specialist, launches today a Stocks & Shares ISA account in cooperation with ISA Manager European Pensions Management Limited. The Stocks & Shares ISA will allow customers to invest their savings in a tax efficient manner through Saxo's sophisticated trading platform.
Through Saxo's award-winning trading platform, customers can access a broad range of investment products at competitive costs, as well as use the equity research module, Saxo's advanced charting and analysis tool which is normally charged for on accounts holding less than £60,000.
The main benefits of the Saxo share ISA account include:
- Access to 25 exchanges with over 4,200 instruments (Shares, ETFs, Investment Trusts)
- Use of one of the leading trading platforms in the market, including a mobile app for iPad, iPhone and Android
- Free Equity Research Module - usually charged for on accounts holding less than £60,000
- Competitive pricing - UK share and ETF dealing from £8 per trade; 0.5% currency conversion for non-GBP denominated stock; £35 annual account fee
Torben Kaaber, CEO of Saxo Capital Markets comments: "With the low interest rate and high inflation environment looking to remain in the medium term, it is becoming more attractive to invest savings than to hold cash. We have identified a gap in the ISA market for an account that would allow savers to both perform in-depth research, using professional investment tools, and invest with ease through a technologically sophisticated trading platform. The Saxo ISA account is a very attractive product due to the range of investments available to ISA investors and it enables savers to maximise the potential of their annual ISA allowance."
For more information about our new offering, please visit http://uk.saxomarkets.com/trading-accounts/pages/isa-benefits.aspx
About Saxo Capital Markets
Saxo Capital Markets UK Limited is a wholly owned subsidiary of Saxo Bank A/S, the parent company of the Saxo Bank Group, an international financial services group specialising in trading and investment across global financial markets. Saxo Bank has operated in the UK since March 2006, initially as a branch of Saxo Bank A/S and since 1 January, 2012 as Saxo Capital Markets UK Limited.
Saxo Capital Markets UK offers private investors online trading and investment in FX, CFDs, ETFs, Stocks, Futures and Options. Saxo Capital Markets UK also offers online trading services to a broad institutional client base including Hedge Funds, Introducing Brokers and Money Managers through our award-winning trading platform SaxoTrader, SaxoWebTrader and SaxoMobileTrader and B2B/API services via Saxo Bank A/S our parent company.
Additionally a large base of Banks, Brokers, Asset and Money managers, utilise Saxo Bank´s award winning white label solutions, in order to provide their clients with access to all or some of our trading platforms and associated liquidity.
About European Pensions Management Limited
The Saxo ISA, a stocks and shares ISA, is provided by European Pensions Management Limited, a company registered in England and Wales no 3567471, authorised and regulated by the Financial Services Authority, and registered with HMRC in their capacity as ISA Plan Manager no. Z1717.
THE VALUE OF YOUR INVESTMENTS MAY GO UP AS WELL AS DOWN AND YOU MAY NOT GET BACK WHAT YOU INVESTED. TAX TREATMENT DEPENDS ON YOUR CIRCUMSTANCES AND IS SUBJECT TO CHANGE.
This material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. This material may refer to past performance and you should note that past performance is not necessarily a reliable indicator of future performance. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Saxo Capital Markets UK Limited or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
Saxo Capital Markets UK Limited is a company authorised and regulated by the Financial Services Authority, registration Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA
Uriel Alvarado Cancino, Chief Public Relations and Marketing Officer, Saxo Capital Markets UK
Nicholle De Beer, Public Relations and Marketing Manager, Saxo Capital Markets UK
SOURCE Saxo Capital Markets