Mandatum Life to launch securities trading service
In the first half of 2019, Mandatum Life will launch the Mandatum Trader securities trading service based on Saxo Bank’s investment and trading technology.
Mandatum Trader is a trading service for Finnish investors that is based on Saxo Bank’s state-of-the-art trading technology. The service gives investors access to an exceptionally broad offering that includes tens of thousands of financial instruments in 36 different markets.
The service is intended for investors with Finnish banking credentials. It opens up broad investment opportunities for stock investors and offers remarkably advanced tools for active traders.
Through Mandatum Trader, investors can invest in stocks, ETFs, bonds and derivatives alike. The investment universe is truly extensive, offering more than 35,000 different financial instruments.
“Finland is lagging behind other Nordic countries when it comes to investing, so we see great potential in this market. Mandatum Life wants to offer Finnish investors more options, and the Trader service’s global reach complements the existing offering with new alternatives,” says Mandatum Life’s CEO, Petri Niemisvirta. “Our mission is to make Finns wealthier, so this is a natural step within our strategy,” adds Niemisvirta.
“With Mandatum Trader, clients can pick from several investing and trading applications, which makes the service very appealing and comprehensive. Digital services are becoming increasingly important, and we want to offer our customers the best possible tools,” stresses Niklas Odenwall, Mandatum Life’s VP, Trading and Execution Services.
The Mandatum Trader service uses award-winning, leading technology. Saxo Bank’s platforms are used worldwide.
“We are proud to partner with Mandatum Life and provide Finnish investors with new investment opportunities. Saxo Bank strives to empower everyone with the best investment tools. Mandatum Trader will give Finnish investors and traders a much better basis for building diversified portfolios across asset classes and geographies,” says Kim Fournais, CEO and founder of Saxo Bank.
In the Mandatum Trader service, Mandatum Life will be responsible for client identification and providing customer service in Finnish, and Saxo Bank will be responsible for the trading services.
The service will be launched at the address www.mandatumtrader.fi in the first half of 2019.
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