The Malta Independent on Sunday

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 held at Xara Lodge l/o Rabat.

Welcoming the participan­ts, Mr Kenneth Farrugia, Chief Business Developmen­t Officer at Bank of Valletta, explained how the BOV Group evolved from a convention­al bank into 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 customer-driven. This means that we invest our time and effort 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 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, incorporat­es 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, by following this link: https://www.stockbroki­­s

 ??  ??

Newspapers in English

Newspapers from Malta