Keen response to the BOV Saxo Bank event

Bank of Valletta collaborated with Saxo Markets to organise an event, targeted at frequent traders. In a bid to raise awareness about the bank’s online trading platform eTrader+ powered by Saxo Bank, Bank of Valletta invited interested individuals to an event hosted at Xara Lodge l/o Rabat.

Welcoming the participants, Kenneth Farrugia, chief Business Development officer at Bank of Valletta, explained how the BOV Group evolved from a conventional bank to a fully-fledged financial services organisation, offering the full suite of financial solutions both in relation to financing as well as investments.

“The bank’s strategy is customerdriven. This means that we invest our time and efforts to really understand our customers’ requirements and circumstances. We bring this knowledge into the design of our products and services, as well as investing in harnessing the latest technology to give our customers effective and userfriendly ways to manage their banking requirements. The online trading platform that we brought to the market in collaboration with Saxo Markets for frequent traders, is an example of such a solution.”

The audience was then addressed by Christopher Dembik, head of Economic Research at Saxo Markets. Mr Dembik, who is widely quoted internationally by influential business and financial media regarding macro-economic trends and central bank policies, gave an overview of the main trends being experienced by financial markets this summer. Mr Dembik spoke about the “lower for longer” economic growth, explaining that leading indicators confirm a deteriorating global economic outlook. He also spoke about the low productivity growth which represents a long-term challenge for the US economy.

A live demo of the online trading platform was then delivered by Pierre Martin, senior Sales trader at Saxo Markets. He said: “The current platform, which the bank launched in collaboration with Saxo Markets, is the product of 25 years of experience. Important benefits have been in-built for the active trader, making it an effective solution, incorporate a broad knowledge base of market information as well as being an easyto-use trading tool.” Active traders are encouraged to familiarise themselves with the platform by opening a demo account for 20 days via https://www.stockbroking.com. mt/content/etraderplus