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FOREIGN EXCHANGE

Saxo signs major white label deal

It’s been a mixed week for Saxo. It looked like the bank’s cycling team would not win this year’s Tour de France after one of its most popular riders, Jens Voight, had a horrific crash on Tuesday. On the plus side, Jens isn’t seriously injured and the team bounced back to rip apart Wednesday’s stage to Le Grand Bornand. Fränk Schleck took the stage victory and his younger brother Andy moved into second overall on the general classification, so he’s still in with a chance of victory.


Oh, and the bank also signed a huge white-label deal with Cortal Consors, a subsidiary of BNP Paribas.


Cortal Consors has launched its new platform to offer its clients direct access to a wide range of contracts for difference and FX. “Cortal Consors is a leading online brokerage specialist that we are proud to be associated with. Cortal Consors shares the same progressive values and emphasis on client service as we do and we look forward to working with the team and sharing our mutual expertise,” says Pierre-Antoine Dusoulier, the chief executive of Saxo Banque France.



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