Saxo to reveal open FX positions on tradingfloor.com
Saxo Bank is to launch new functionality on market commentary and analysis website TradingFloor.com that will give users a snapshot of the aggregated foreign exchange open positions of its clients across 10 major currency pairs.
The new module, dubbed FX Open Positions, makes it possible for users to search for extreme positioning in particular currency pairs, or for concentrations of positions that might result in support or resistance, according to Saxo.
"The module provides insight into what
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