Following extensive trials, Monex FX Pro will be introduced to active clients from Monday January 29, 2007. This is the biggest deployment to date of Saxo Bank’s ‘thin client’ web-based solution, which was recently developed as an alternative distribution channel to the SaxoTrader, Saxo Bank’s advanced multi-asset downloadable platform.

Monex FX Pro includes live trading on 21 currency pairs, including the Singapore dollar, Hong Kong dollar and South African rand. Monex FX Pro also offers a margin ratio of 5% and the ability to leverage up to 20 times initial deposits.

Other enhancements include one-click trading, trailing stop orders and an integrated price board that allows clients to trade on a single screen with immediate access to rate view, charting, and summary client account information from anywhere, at any time.

We are excited to be able to offer Saxo’s state-of-art FX trading platform to our clients in Japan, commented Oki Matsumoto, president of Monex. I believe the international collaboration between Saxo and Monex will bring us to the next stage of FX trading business in Japan.