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Saxo Bank adds Ethereum tracker to Online Trading Platforms
Saxo Bank now offers clients access to trade the Ethereum ETNs issued by XBT Provider AB which were listed on Nasdaq OMX Stockholm stock exchange earlier this week.
As previously announced, Saxo Bank also offers clients access to two Bitcoin Tracker ETNs also listed on Nasdaq OMX Stockholm
The four ETNs are traded without leverage and are available on Saxo Bank’s multi-asset trading platforms, SaxoTraderGO and SaxoTrader.
Claus Nielsen, Head of Markets, at Saxo Bank comments:
“We have increasing client demand for exposure to cryptocurrencies and I am very pleased that we can now offer clients exposure to both Bitcoin and Ethereum through Exchange Traded Notes. Cryptocurrency markets are still at an early development stage and we find that listed products like ETNs without leverage, offering high levels of transparency, are good ways to include cryptocurrencies in our multi-asset product offering spanning more than 35,000 instruments. We continue to follow the developments in cryptocurrency markets and expect to able to add more instruments to our offering going forward.”
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AutoRek & Microsoft: Why Reconciliation Is Becoming Strategic
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EXCLUSIVE: “Freedom Calling” – Timur Turlov, Freedom Holding Corp in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Nationwide Launches Teacher Accreditation to Boost Financial Education in Schools
Nationwide is launching a national accreditation for primary school teachers that aims to boost confidence in teaching financial education
Ant International Becomes Official Sponsor of The Argentine National Football Team
Ant International announced a partnership with the Argentine Football Association (AFA), becoming an Official Sponsor of the Argentine National Football Team
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DNERO, a new borderless Neobank, officially launches March 24 to address this gap with a unified digital platform