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Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
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LeapRate's Forex Industry News
  • Microsoft exits the Forex business 0 comments
    Nov 21, 2011 10:11 AM | about stocks: MSFT

    Microsoft - Saxo Bank MSN Trader joint venture disbanded after just one year.

    Saxo Bank, one of the largest Forex firms in the world and industry leader in providing White Labels, announced that it is disbanding one of its highest profile White Label client relationships, with Microsoft - almost exactly one year to the day that the relationship was first announced in November 2010. The "MSN Trader - Powered by Saxo Bank" platform was meant to turn Microsoft into a White Label of Saxo Bank, via the more than one million monthly visitors to Microsoft's MSN financial portal website.

    Why did Microsoft exit the Forex business?
    Will this impact either company?
    For more details see Leaprate's Forex Industry News at www.leaprate.com.


     

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