OREANDA-NEWS. May 13, 2010. DnB NORD Bankas, in cooperation with Saxo Bank A/S - a leading presence in online trading technology with its headquarters in Denmark and clients worldwide, has implemented a trading platform DnB NORD Trade™. The platform will enable the bank customers to directly trade stocks, currencies or commodities and various derivative financial instruments across the globe via single on-line platform for at least five times lower commission fees, reported the press-centre of DnB NORD Bankas.

It is an accurately planned DnB NORD Bankas investment banking development stage with no analogues across the Baltic banking market as it provides a comprehensive range of financial instruments at one spot, offers customers to manage their investment and financial instruments’ portfolio at a convenient time and from any place around the world and at the same time benefit from competitive advantage using the service of the local bank.

"We know that some investors already now are using services of foreign mediators since they have been unsatisfied with the fees and scope of the services provided by the local financial mediators. However in case of the services provided by the foreign mediators the expenses for making payment orders to foreign financial institutions are relatively high. From now on the investors will receive equivalent services via the local bank using DnB NORD Trade™ platform", - said Arturas Kampanas, Head of the Financial Products Sales Unit of DnB NORD Bankas.

DnB NORD Trade™ platform allows private investors and enterprises trading in major global Stock Exchanges (New York, London, Frankfurt, Tokyo, etc.), and directly investing into exchange-traded funds (ETF) on-line. The investors will also be provided with the possibility of trading currencies and entering into contracts for difference (CFD). The investors will be able to trade energy, agricultural commodities future contracts. Here the investors will also find the hottest market news influencing prices and technical analysis. The process for conclusion of transactions and submission of orders is fully automated.

DnB NORD Trade™ platform is more democratic in respect to small investors as it provides them with the same possibilities which were previously accessed only by institutional clients and market professionals. One of the key advantages of the platform is considerably lower mediation fees. For instance, one will be able to acquire stocks or funds that now are becoming increasingly popular and traded on the major global stock exchanges directly by paying to the bank a 0.1 percent acquisition fee. It is at least five times cheaper compared with the existing alternatives in the banking financial mediation market.

According to A. Kampanas, the market professionals will find DnB NORD Trade attractive in terms of a wide range of possibilities of using leverage. In this case for the investor trading in stock contracts for difference it will be sufficient to have a tenth of own funds and when trading in main currencies - two percent. Until now financial mediators, as a rule, required a minimum 30 percent own share for trade in stock in Lithuania.

This service is not of the least importance to the Lithuanian companies dealing on international markets and seeking to hedge against fluctuations in exchange rates or commodity prices.