Saxo Markets Announces Launch of Close the Gender Gap Programme

​Saxo Markets, a licensed subsidiary of Saxo Bank that operates as a leading Fintech specialist connecting people to investment opportunities in global capital markets, announced on Tuesday that it has launched a new referral programme - Close the Gender Gap.

The programme is designed to encourage more women to start investing in order to close the gender investment gap and take better ownership of their financial future.

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The company notes that women are setting themselves back by not investing when it comes to taking control of their financial future, and investing is a straightforward way to significantly improve women’s financial wellbeing over time.

“While the gender wage gap has been in the spotlight the past few years, and takes individual and systemic efforts to close, the gender investment gap is one that we at Saxo believe we all have the power to narrow – by giving more women the tools, knowledge and confidence to trade and invest, and make informed investment decisions,” Maria Jelen, Regional Head of Relationship Management and Sales Trading APAC, Saxo Markets, stated.

“In 2020, Saxo globally saw an increase in new women investors by 354 percent compared to 288 percent for men, which is very encouraging. In Singapore, we have likewise seen a sharp uptick in new female clients of 410 percent, and we are committed to enabling more women fulfil their financial aspirations and make an impact,” Jelen added.

According to Saxo Markets, by referring a female friend, existing female clients can earn up to SGD 750 per referral and unlock additional rewards.

Earlier in July, Fazzaco reported that Saxo Markets has announced a suite of price reductions for retail clients in Hong Kong​, allowing them to invest in the global capital markets at some of the lowest rates available.