Saxo Bank has today rolled out NewsEdge, replacing its Dow Jones news service which was discontinued as of yesterday, as the company starts July with a new product for traders who consume fundamental, technical and geopolitical news relevant to financial markets.
NewsEdge is a free service that aggregates content from numerous providers, as explained by Saxo Bank in an update from its Cyprus office.
The service aims to provide a more tailored approach with news relevant for traders, compared to the company’s prior solutions, as NewsEdge provides various segments that traders can subscribe to as part of the offering.
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NewsEdge features macro, corporate and equities news, and then provides more focused segments such in forex, commodities, futures, bonds, and even a central banks category. In addition, the new feature provides a regional news service with local coverage across 11 regions in their respective languages.
Finance Magnates recently reported on new changes made to the leadership team at the brand’s Switzerland-based operations, following other senior promotions in recent months, as the bank looks to reposition itself into the second half of the year and following a wild end to June due to the Brexit.
The new NewsEdge feature can be seen below in a screenshot of the SaxoTraderGO platform from within the news and research section.