Saxo Bank, a Danish Multi-Asset service provider, has signed a strategic content agreement with CME Group, one of the world’s largest derivatives marketplaces, which will extend CME’s educational materials to Saxo Bank’s client base, according to a Saxo Bank statement.
The new agreement will see the educational portal from CME Group’s Futures Institute distributed to Saxo Bank’s users, focusing on futures trading. CME Group Futures Institute features trading information and strategies across myriad asset classes, including futures, options, foreign Exchange (FX), and precious metals, among others.
CME Group’s Futures Institute has already worked with several industry partners and trading venues worldwide, helping it tap into the retail trading industry with its in-depth analysis. The offering is important for Saxo Bank as clients will be able to tap into and utilize all of the resources at the Futures Institute’s disposal, which will help foster proper educational techniques for traders.
According to Patrice Henault, Head of Futures and Listed Options at Saxo Bank, in a recent statement on the agreement: “Saxo Bank has a proud history in investor education. We want our clients to be able to trade to the best of their abilities and therefore place great importance on broadening knowledge across a range of financial instruments. This partnership with CME Group will further enhance our educational offering.”
“Saxo Bank’s deep network of clients provides CME Group with a great opportunity to actively engage with global traders of all types, giving them a solid foundation on the futures markets. The Futures Institute is focused on taking individuals that are interested in trading in the futures markets and providing them with the proper knowledge and resources to enhance their skills. Teaming up with Saxo Bank helps us achieve that goal,” added Mark Omens, Executive Director and Head of Retail Sales at CME Group.