Saxo FX Prime of Prime (PoP) brokerage service has been recognized as the best in the Asia-Pacific region by the reputable FX Markets magazine.

On March 21, Saxo Bank announced that it had been awarded the title of "Best FX Prime of Prime" at the FX Markets Asia Awards 2024.

At the time of the award, FX Markets noted that Saxo's PoP offerings were of "exceptional quality" and stood out among a record number of award contenders.

Saxo's PoP offering is aimed at FX brokers seeking the best possible prices to meet their liquidity needs, facilitating access to the world's largest FX exchanges through the three largest financial data centers (LD4, NY4, and TY3).

With Saxo Bank, PoP clients have the ability to 'share' FX liquidity to suit their specific needs, as well as monitor quotes to optimize execution and limits.

"The scale of Saxo's FX PoP offering sets it apart in Asia, which is why we are incredibly pleased to have won this year's FX Markets Asia Award. Saxo's collaboration with nearly 30 global LPs and Level-1 Electronic Communications Networks (ECNs) ensures clients can benefit from the best prices, and the API technology and platforms allow them to trade a range of FX products in one place," said Adam Reynolds, Chief Executive Officer of Saxo Asia Pacific.

It's worth noting that Saxo expanded its PoP offering last year through a partnership with FairXchange, which provides liquidity management data analytics with its Horizon platform.