IB IB
20 October 2016

Order Driven Execution

As communicated in the monthly IB notification in October, Saxo Bank will introduce Order Driven Execution for FX Spot, FX Forwards and CFDs in November. Ord...

As communicated in the monthly IB notification in October, Saxo Bank will introduce Order Driven Execution for FX Spot, FX Forwards and CFDs in November. Order Driven Execution provides executable pricing that is based on Saxo's own liquidity, in addition to liquidity available on a Direct Market Access (DMA) basis in the broader market.

Order Driven Execution will be implemented on 15 November 2016 in SaxoTraderGO and on 17 November 2016 in SaxoTrader. The demo environment will display such changes on 2 November.
For branded platforms the implementation is in the week of 21 November. The corresponding branded demo environments will be updated on 14 November.

Saxo will send a communication about Order Driven Execution to direct retail clients and IB end-clients on 25 October. 

On the Institutional Marketing Portal, you can find a communication package that includes a Q&A and a 6 page guide explaining the Quick Trade Ticket, which you can use in your work and communication with your clients. Once Saxo´s best execution policy is available, it will also be included to this communication package.

Sh​ould you have any questions, please contact your account manager.