Saxo Bank Unveils NewsEdge Service as it Swaps Out Dow Jones Feed

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.

NewsEdge categories

NewsEdge features macro, corporate and Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term news, and then provides more focused segments such in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, 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.