JSC Galt & Taggart signs agreement with Saxo Bank A/S

Submitted by omedia on Tue, 10/13/2015 - 09:00

October 13, 2015, Tbilisi - JSC Galt & Taggart (Galt & Taggart) and Saxo Bank announced today the signing of an agreement that will allow clients of Galt & Taggart to access global capital markets and invest on a multi asset basis. The product will activate in November 2015 and will provide a highly adaptive trading experience with professional tools, insights and world-class execution to its users.

Galt & Taggart, a wholly owned subsidiary of JSC Bank of Georgia, is the leading investment banking and investment management service firm in the country with a unique insight into the regional market. The company is at the forefront of capital markets development in Georgia and in the neighboring markets.

Saxo Markets is the institutional division of Saxo Bank Group. Saxo Markets provides institutional clients and their end customers with multi-asset trade execution, prime brokerage and industry-leading trading technology. Saxo Markets’ speed of innovation and use of disruptive technologies empowers institutional clients to deliver seamless experiences for their end users to access the capital markets. Saxo Markets serves institutional clients through key hubs in the UK, Denmark and Singapore.

“We are very pleased to join forces with Saxo Bank to further enhance our clients’ trading experience. With this we are looking forward to extending Galt & Taggart’s track record of offering the best trading capabilities in the country. Our partnership with Saxo Bank will allow us to bring the latest technology to the market and provide our clients with full control over their investments,” said Archil Gachechiladze, Chairman of Galt & Taggart. “We are looking forward to unveiling full details of the partnership in November 2015.”

About JSC Galt & Taggart:
JSC Galt & Taggart is a wholly-owned subsidiary of Bank of Georgia Holdings PLC (BGEO:LN). It offers a wide range of investment banking and investment management services through its Investment Banking, Asset Management, Brokerage, Wealth Management, and Research units. www.gt.ge 

About Saxo Bank:
Saxo Markets is the Institutional Division of Saxo Bank Group. Saxo Markets provides institutional clients and their end customers with multi-asset execution, prime brokerage and trading technology. Saxo Markets engages with institutions of all types to help them capitalise on the disruption happening across financial services and is an outsourcing leader for white labelling and multi-asset trading. Saxo Markets’ speed of innovation and use of disruptive technologies empowers institutional clients to deliver seamless experiences for their end users to access capital markets. As a bank offering fully digitalised solutions for self-trading, advisory and discretionary services, Saxo Markets is continuously at the forefront of innovation. Saxo Markets serves institutional clients through main institutional centres in the UK, Denmark and Singapore. Saxo Bank is the Private Division of Saxo Bank Group enabling private investors  to trade multiple assets from a single margin account on SaxoTrader and SaxoTraderGO platforms. Saxo Bank also offers traditional banking services through Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered in Copenhagen and has offices in 26 countries. www.markets.saxo

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