Bank of Valletta announced the launch of eTrader+ Powered by Saxo Bank.  This new online trading platform, is the result of a collaborative agreement reached between the two banks.

Speaking on the launch, Charles Borg, the bank's Chief Executive Officer said, "Through the eTrader+ powered by Saxo Bank, Bank of Valletta will be offering an alternative channel to active traders, who want direct access to trade online. In fact, this highly adaptive platform offers key benefits such as the ability to place orders in real time across all major international markets, the possibility of effecting single limit as well as algorithmic or advanced orders and having 24-hour access to market prices for more than 30,000 securities."

The eTrader+ powered by Saxo Bank is intended for the seasoned investor who trades frequently, providing a truly personalised and fully scalable platform that is accessible seamlessly, with all functionality being carried across devices, including tablet and mobile phones (iOS, Android and Windows compatible phones).

"Whereas in the past, access to financial markets was solely through the physical interaction with a stockbroker, leading to higher transactional costs, we are now putting the investor in the driving seat by providing access to a robust trading platform and passing across the cost benefits" explained Mr Borg. "Of course, due also to the applicability an inactivity fee, this platform is targeted for the active traders who are well versed with the market environment. Through the eTrader+ powered by Saxo Bank, these traders will now be able to manage their own portfolio on any device from a single account," he said.

Through the e-Trader+ powered by Saxo Bank platform, investors can choose to trade from their own fully customisable personal watch list, by creating a dedicated order ticket or directly from a share-price chart in real time. Trade confirmations are received instantly through notifications on one's smartphone.

"This platform demonstrates Bank of Valletta's commitment to utilise technology to meet its clients' financial needs. As a fully-fledged financial services provider, Bank of Valletta is making its utmost to be the leader in its market, offering a comprehensive suite of financial solutions that compete not only with similar players, but also with providers of specialised services in investments and wealth management."