SaxoTrader Named Best Re-Labelling Platform by Business Magazine Profit & Loss

COPENHAGEN, July 13, 2010 - Saxo Bank's online trading platform, SaxoTrader, has been awarded Profit
& Loss' Best re-labelling platform for 2010. The Copenhagen-based online
trading and investment specialist was voted into the top spot by subscribers
to represent "reader's choice".

The award accolades both Saxo Bank's White Label business as well as the
Bank's trading platform, providing technologies to enable multi-asset trading
on a single platform. The Bank's White Label approach is an area of rapid
expansion in today's online trading environment which requires speed to
market, scale and the diversification of trading platforms.

Saxo Bank has been involved in online trading since 1996. This has given
the Bank a first-mover advantage that is particularly strong in the
re-labelling area. Today, Saxo Bank has more than 120 re-label clients.

Profit & Loss is a monthly business magazine founded in July 1999. The
Profit & Loss Digital Market Awards have been held annually since 2002 to
reflect the efforts of the wider Foreign Exchange industry to provide the
tools and functionality that make trading FX more efficient. More than 10.000
votes were registered during April and May 2010, making it the largest
response to date for the awards.

The list of winners will be published in the July/August issue out
tomorrow, 14 July, 2010.

Full list of 2010 Readers' Choice Digital Markets (PDF):

www.profit-loss.com/files/P%20and%20L%20DMawards2010.pdf

About Saxo Bank

Saxo Bank is an online trading and investment specialist, enabling
clients to trade Forex, CFDs, Stocks, Futures, Options and other derivatives
via SaxoWebTrader and SaxoTrader, the leading online trading platforms.
SaxoTrader is available directly through Saxo Bank or through one of the
Bank's global partners. White label is a significant business area for Saxo
Bank, and involves customised and branding the Bank's online trading platform
for other financial institutions and brokers. Saxo Bank has more than 120
white label clients and boasts thousands of clients in over 180 countries.
Saxo Bank is headquartered in Copenhagen with offices in Australia, China,
the Czech Republic, France, Greece, Italy, Japan, the Netherlands, Singapore,
Spain, Switzerland, UK, and the United Arab Emirates.

Media enquiries: Kasper Elbjorn, Head of Group Public Relations, +45-3977-4300, press at saxobank.com