ICICI Securities, a subsidiary of ICICI Bank and India’s leading integrated financial services firm and Saxo Bank, have announced a strategic partnership to offer Saxo’s trading and investment capabilities via a digital platform to Indian Investors.
The deal comes as traders in Asia, including India are seeking opportunities in the overseas markets, hence increasing demand for trading solutions to cater to these changing needs.
The new partnership will enable ICICI Securities’ 4 million clients on ICICIdirect.com, India’s leading investment portal, to diversify their investments outside of the Indian domestic market and access multi-asset investment opportunities, through an intuitive trading experience on the trading platform SaxoTraderGO.
A Tech Savvy Population
Additionally, the cooperation also allows investors to diversify their portfolio and spread risks by investing effectively across geographic regions and asset classes, which reflects another ongoing trend in the trading industry.
«India is an incredibly important growth market with a growing number of investment professionals and a very tech-savvy population, this partnership once again highlights our ongoing commitment to be a trading facilitator for banks and brokers around the world,» said Kim Fournais, Co-Founder & CEO, Saxo Bank.
