Saxo Bank bids for institutional market-share

TECHNOLOGY NEWS

COPENHAGEN -- Danish FX player Saxo Bank is bidding for institutional clients, after signing liquidity agreements with three of the world's largest FX banks.

The firm, which previously provided FX services for high-net worth individual investors and retail customers, hopes to entice institutions with live dealable prices and tight spreads, following deals signed last year with Deutsche Bank, UBS Warburg and Goldman Sachs.

The firm's tradable prices are provided through aggregation of price fe