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Ex-OANDA CEO Led Offshore Bank White Labels Saxo Bank’s Platform

Finance Magnates

Saxo Bank has announced the newest addition to its list of white label partners, Fidelity Asia Bank (Fab). The offshore subsidiary of Ghana based Fidelity Bank has been headed by long term industry veteran of the forex industry, K. Duker.
The partnership between the companies involves the new platform solution by Saxo Bank, SaxoTraderGo. Fidelity Asia Bank will be offering multi-asset trading to its clients via its own branded platform – FabTraderGo.
 
Fab has been establishing its footprint in Africa and Asia, with the new partnership aiming to boost the product offering of the company. K Duker had been CEO of OANDA up until December 2013, when he was replaced by its current Chief Executive Ed Eger.
Commenting on the announcement the Global Head of Sales of Saxo Bank, Matteo Cassina said: “Fab is set to realize growth potential in both Asia and Africa, not only through a full multi-asset trading offering, but also with the ambition to bolster its offering to long-term investors using our portfolio management tools and services.”
The addition of trading capabilities to offshore accounts has been one of the key features that some clients have been looking for.
Commenting on the partnership the CEO of Fab, K. Duker said: “This partnership represents the latest phase in our recent expansion and Saxo was a natural partner for us on account of the strength of its multi-asset offering. Our ambition is to also enhance our offering to long-term investors through our partnership with Saxo Bank.”
 
Yahoo Finance: Fidelity Asia Bank (Fab) and Saxo Bank Announce New White Label Partnership
 
LeapRate: Saxo Bank unveils new white label partnership with Fidelity Asia Bank

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