Saxo Bank to launch in the US

The firm has teamed up with a yet-to-be named partner, who will brand the platform as its own and use it to trade with retail clients over the internet.

The firm has slightly modified the core SaxoTrader technology to focus solely on foreign exchange for this particular partner, said Daniel Darst, global head of marketing at Saxo in Copenhagen.

Darst said Saxo Bank decided to enter the US market after seeing increasing interest from retail traders there. This comes as a result of more freely