Saxo Bank to introduce algorithmic orders for futures
Multi-asset investment specialist Saxo Bank will roll out algorithmic orders for futures to its clients.
The available order types will be:
- Iceberg
- Price Peg
- TWAP
- Target Close
- VWAP
- With Volume.
Saxo clients who are already enabled for algorithmic orders for stocks/CFDs will be enabled automatically for algo orders for futures in the coming weeks.
Saxo Bank has been updating its services regularly. Recent enhancements include a new Track and Trace feature for portfolio transfers. The Track and Trace experience allows clients to follow the status of their transfers and will present a more transparent end-to-end improvement of the current process of initiating and managing portfolio transfers.