Saxo Bank brings the competitive spirit of cycling to the world of trading as it teams up with the Tinkoff-Saxo cycling team to raise money for charity.
Saxo Bank, the online multi-asset trading and investment specialist, has launched Trade Like a Pro, a competition involving Alberto Contador, Peter Sagan, Ivan Basso, Matti Breschel and the rest of the Tinkoff-Saxo professional cycling team in an effort to raise money for charity.
46 riders, managers and sports directors from the professional cycling team are taking part in Saxo’s Trade Like A Pro competition. Each participant started with 1,500 euros given by Saxo Bank, and will trade equities using the Saxo Mobile Trader app. The contest runs until the end of the Giro D’Italia on 31 May 2015 when the team’s total account balance, including any trading proceeds, will be donated to the participant’s charity of choice.
The competition is taking place on Saxo’s multi-asset social trading platform, TradingFloor.com. Those registered on the site can follow the competition as it unfolds, seeing what trades the team makes, interact with them, discuss trading ideas, and possibly copy their strategies. As of Friday, 6 March, Tinkoff-Saxo Sport Director Tristan Hoffman is leading the field with a 19.77% return on his investments.
A Dutch born former rider on the team from 2000 to 2005, Sports Director Tristan Hoffman said, “The competition is almost as intense as an energy sapping hill climb or a sprint finish during the Spring Classics. All of us want to win and donate as much money to our chosen charity as possible and I am delighted that, so far, I have been most successful. This has also been an excellent way of getting to know Saxo Bank’s business better.”
Trade Like A Pro goes hand-in-hand with Ride Like A Pro, an initiative launched by Saxo Bank in November 2014 which gives current and prospective clients of Saxo Bank the opportunity to live and train like a Tinkoff-Saxo cycling professional, learning everything from the anatomy of the bike to intense interval training like the Tinkoff-Saxo team. The exclusive cycling programme, offered free of charge to a small and select group, includes training, coaching and group rides with Tinkoff-Saxo cyclists, as well as the chance to race the toughest stages of a Grand Tour including the Giro d’Italia and Vuelta a Espana.
The Ride Like A Pro program also features:
– Interactions with the World Tour’s Tinkoff-Saxo team
– Intensive personalized training towards personal goals
– High frequency group training sessions with supervision
Commenting on both initiatives, Matteo Cassina, Head of all Business Lines at Saxo Bank A/S says, “Saxo has a long and successful relationship with the Tinkoff-Saxo cycling team and Trade Like A Pro acts to strengthen our ties with elite sport and top level competition. Both Trade Like A Pro and Ride Like A Pro programmes are aimed at helping participants in seizing opportunities and achieving their physical and mental goals and, at Saxo Bank, we believe this is key to success in the financial markets as well as on the cycle track.”
About Saxo Bank
Saxo Bank is an online multi-asset trading and investment specialist, offering private investors and institutional clients a complete set of tools for their trading and investment strategies. Its financial community portal, is the first multi-asset social trading platform. A fully licensed and regulated European bank, Saxo Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives on our award-winning SaxoTrader platform, accessible on PC or smartphone through a single account and available in more than 20 languages. The platform is white-labelled by more than 100 major financial institutions worldwide. Saxo Bank also offers professional portfolio and fund management as well as traditional banking services through Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered in Copenhagen and has offices in 26 countries throughout Europe, Asia, the Middle East, Latin America, Africa and Australia.
