Georgian Investment Firm Galt & Taggart Partners with Saxo Markets

LSE-listed Bank of Georgia Holdings PLC (LON: BGEO) has announced today that its wholly owned investment management subsidiary JSC Galt & Taggart has signed an agreement with Saxo Bank that will enable clients of Galt & Taggart to access global capital markets and invest on a multi asset basis.

This is the first partnership announced since Saxo Markets was launched in September in a bid to expand the Danish group's institutional business worldwide.

Tbilisi-based Galt & Taggart offers a wide range of investment banking and investment management services through its investment Banking, Asset Management, Brokerage, Wealth Management, and Research units. This move is said to be in line with the company's strategy of offering the best trading capabilities in Georgia.

Irakli Gilauri, Group CEO of Bank of Georgia Holdings PLC, commented: "I am very excited about our prospects of partnering with Saxo Bank and further promoting our clients' trading practice by bringing the latest expertise to the market. This collaboration with Saxo Bank will enrich Galt & Taggart's services and better position the company to help local and regional investors explore investment opportunities and offer greater access to capital markets.

I want to congratulate the Galt & Taggart team with the completion of this key milestone in their aim to develop capital markets in the region and we are looking forward to unveiling a full offering to our clients in November 2015."

The Saxo-enabled product will activate in November 2015 and will aim to deliver a highly adaptive trading experience with professional tools, insights and world-class Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term to its users.