Saxo Bank Join Forces with FairXchange for Liquidity Management Data Analytics

Saxo Bank, the Copenhagen-based online trading and investment specialist, announced that it has become the latest institution to join the FairXchange ecosystem.

As part of this arrangement, Saxo Bank will leverage Horizon, FairXchange's award-winning liquidity management platform, to enhance its data-driven dialogue with Liquidity Providers (LPs).

"We are delighted to welcome Saxo to the FairXchange network," said Guy Hopkins, CEO and Founder at FairXchange. "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."

"The relationship with FairXchange is already off to a very strong start," commented James Dewdney-Herbert, Associate Director for eFX Sales and Liquidity Strategy at Saxo Bank. "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."

FairXchange, a London-based financial industry trading analytics firm, was acquired by United Fintech​, a digitalizing financial services provider, in November 2021.