According to a statement made by Saxo Bank, it has now collaborated with Guotai Junan in a strategic partnership that will help the latter further its expansion in the South-East Asian region. The strategic arrangement is timely for Guotai Junan since the comprehensive financial services provider has been looking to increase its presence in other areas.
The following officials from Guotai Junan and Saxo Bank attended the signing ceremony:
- Adam Reynolds, the Chief Executive Officer of APAC, Saxo Bank;
- Kevin Lye, the Chief Financial Officer of APAC, Saxo Bank;
- He Qing, the Group Chief Executive Officer for Guotai Junan; and,
- Ni Taoyong, the Chief Executive Officer of Guotai Junan Futures Singapore.
Saxo is one of the best forex brokers in the UK; therefore, the fact that it is expanding internationally is a positive thing for its consumers, who can rest assured that the fintech service provider is doing an excellent job. Under the terms of the strategic agreement, the goal is to encourage innovation that serves common interests and increases the number of customers who invest through education.
Adam Reynolds has expressed his belief in the partnership with Guotai Junan, saying that their expertise can drive innovations and help curious people invest in the financial markets worldwide. There is a potential for a win-win outcome, says Adam Reynolds, while highlighting that the collaboration will be for custody, wealth management, asset management, futures, FX, and other major fields.
Guotai Junan and Saxo have much ahead of them in their partnership; however, this is not the first time both ventures have come together. Saxo and Guotai Junan happen to have a long history of collaborating on several aspects of China. Malone Ma has echoed a similar tone, saying there is much potential for further cooperation.
Malone congratulated the team of Guotai Junan on the launch and said he was happy to see their friendship and ability to work together grow.
Saxo Bank, established in 1992, has spread its operations in over 170 countries, including the United Kingdom, Denmark, and Australia. Saxo Bank is functional everywhere, only under strict regulations and approvals, something that is evident from our review rating of Saxo Bank. Products offered by Saxo are futures, stocks, and forex, to name a few. The minimum deposit amount may vary based on the region, but it comes to approximately $2,000.
Saxo Bank allows traders to evaluate available educational materials to prepare for trading activity in over 35,000 trading instruments. The web-based trading platform functions identically to all other trading platforms, with the exception of a huge selection of educational materials and a central focus on the most important products.
The strategic agreement between Saxo Bank and Guotai Junan is expected to serve mutual benefits, the details of which will come out in the coming days.