Saxo Bank Joins FairXchange Ecosystem Aims to Improve Liquidity

Saxo Bank, the Copenhagen-based online trading and investment firm, has announced its partnership with FairXchange to join its ecosystem.

Through this partnership, Saxo Bank will utilize FairXchange's award-winning liquidity management platform, Horizon, to give its data-driven dialogues with liquidity providers (LPs) a boost.

FairXchange is a London-based financial industry trading analytics company that was acquired in November 2021 by United Fintech, a provider of digital financial services.

Guy Hopkins, CEO and Founder of FairXchange said: "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, Associate Director for eFX Sales and Liquidity Srategy at Saxo Bank commented: "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."