As reported recently on LeapRate, Saxo Bank recently launched its new trading vision with the SaxoTraderGO platform, built on HTML5 for flexibility across devices, using latest back-end technologies for optimal performance and built on top of a completely new Trading API allowing the platform to be extended by partners and 3rd-parties.
As part of the development of the new SaxoTraderGO platform, Saxo Bank has focused heavily on the Account experience, revamping most of the supporting account reports and service pages, moving them into a separate Account Portal area.
“We have also introduced the first in a set of tools which allow you to analyze your trading and investing performance across all asset classes” says Christian Lund Hammer, Vice President and Head of Platforms at Saxo Bank.
“Whether you’re day-trading Spot FX or long-term investing in stocks, all clients need a basic track record of their performance and whether their strategies are working and the Account Overview gives you just that. The Account Overview is the first a series of tools we are planning allowing you to monitor and analyse your trading performance, starting by offering a simple view of your account development, net of cash transfers over a selected period, says Mr. Lund Hammer.
Mr. Lund Hammer considers that the percentage Return Chart shows the time-weighted performance for the selected period. We also have a % Return Table that shows the % return for each calendar month on the selected account or all accounts.
Position History charts the number of positions closed on specific dates and gives some basic account statistics.
“The Account Portal will also be available as a stand-alone application, allowing partners who are trading on behalf of clients and Fund Managers to offer it to clients to keep track of their investments without having to go through a trading platform” adds Christian Lund Hammer.
Photograph: Andrew Saks-McLeod with the SaxoTraderGo platform at its official launch in Paris, France.