Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, has enabled its clients to use the “Option Strategy” function for foreign exchange and precious metals options trading.

The brokerage has earlier released an “Option Strategy” function that can be used for foreign stock option trading. This function, which allows you to efficiently execute complex option trading strategies, has been well received, and now Saxo Japan announces that its clients can also use the dedicated ‘option strategy” function for foreign exchange and precious metal option trading.

Option Strategy, which can be used for foreign exchange and precious metal options trading, allows you to place and execute multiple call/put buy and sell orders, up to a maximum of 10 orders, all at once. When placing an order, you can set the order while checking a profit and loss diagram that visualizes the maximum profit, maximum loss, break-even point, etc. for that trade, so even when setting multiple orders, you can perform a careful profit and loss simulation in advance.

In addition, this function allows you to use “Delta trading,” which allows you to place a spot position at the same time as an option order.

Saxo Japan has recently introduced after-hours trading for a range of trading instruments.