Revolutionising liquidity management: Saxo Bank joins forces with FairXchange

Revolutionising liquidity management: Saxo Bank joins forces with FairXchange

Saxo Bank, a global leader in online trading and execution services, has recently partnered with FairXchange, a data science firm specialising in Foreign Exchange markets.

This collaboration marks Saxo Bank’s latest venture into enhancing its liquidity management capabilities. By integrating FairXchange’s award-winning platform Horizon, Saxo Bank aims to refine its data-driven dialogue with Liquidity Providers (LPs) and improve overall liquidity for its clients.

Saxo Bank, a trailblazer in the FinTech sector, offers a wide array of online trading and investment tools, catering to a global clientele. Their services encompass everything from Forex trading to stock and bond investments.

FairXchange stands out in the FinTech landscape with its focus on Foreign Exchange markets. The firm brings a unique perspective to FX trading, advocating for a commercially sustainable environment for all market players, be it on the buy-side or sell-side.

The partnership involves Saxo Bank utilising FairXchange’s Horizon platform. This platform is known for its cutting-edge liquidity management analytics, which will now assist Saxo Bank in fostering a more productive and profitable relationship with its liquidity providers, ultimately benefiting their clients with better trading conditions.

FairXchange CEO and Founder, Guy Hopkins, expressed his enthusiasm, saying, “We are delighted to welcome Saxo to the FairXchange network. They were one of the very first institutions to embrace data-driven dialogue with their Liquidity Providers, and they have always had a deep understanding of the importance of working with their LPs to source the best possible liquidity. We are delighted to help them continue in that spirit of collaboration, working with them to help them maximise opportunities for them, their LPs and their clients.”

James Dewdney-Herbert at Saxo commented on the partnership’s early success, stating, “The relationship with FairXchange is already off to a very strong start. Since we went live with FairXchange we have already noted a material uplift in engagement from our trusted liquidity partners, leading to greater profitability both for them and for us, ultimately resulting in better liquidity for our clients.”

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