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, BOV invited interested individuals to an event hosted at Xara Lodge, limits of Rabat.

The bank’s chief business development officer Kenneth Farrugia explained how the BOV Group evolved from a conventional bank to a full-fledged financial services organisation, offering a 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 efforts to really understand our customers’ requirements and circumstances. We bring this knowledge into the design of our products and services, as well as invest in harnessing the latest technology to give our customers effective and user-friendly ways to manage their banking requirements. The online trading platform 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, who is widely quoted internationally by influential business and financial media regarding macro-economic trends and central bank policies.

He gave an overview of the main trends being experienced by financial markets this summer and 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, who 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 inbuilt for the active trader, making it an effective solution, incorporate a broad knowledge base of market information, as well as being an easy-to-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.stockbroking.com.mt/content/etraderplus .

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