Saxo Bank gives PB clients cross-collateralisation tool
Prime broker customers will be able to use a single pool of collateral across London, New York and Tokyo
Saxo Bank is boosting its foreign exchange prime brokerage (PB) service with the launch of a new cross-collateralisation tool, which will allow clients with global liquidity needs to synchronise exposures and balances across the firm's three matching engines in London, New York and Tokyo.
The service will help clients optimise their credit usage by allowing them to use a single pool of collateral across the three centres where Saxo provides direct market access. The solution comes in response to
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