We may be worried about the breakdown of a number of Internet brokerages caused by the US stock market circuit breaker in March this year, which knows that another wave of downtime is coming.

The Dow Jones Industrial Average and the S&P 500 both surged higher on Monday, buoying data from drug giants Pfizer and BioNTech's COVID-19 vaccine trials, with the Dow closing up 834 points, or 2.95 percent, for its biggest one-day gain since June 5. At one point, the Dow hit a record intraday high, up 1,700 points. The S&P 500 closed up 1.17 per cent after also hitting a record intraday high.

Stocks rose sharply, but many investors missed the trading opportunity because of technical problems in the systems of several well-known online brokerages 叒, some of which are familiar platforms. Innocent and angry investors can only complain on social media (feeling that they missed 100 million yuan).

A system with a sound infrastructure construction, a stable and reliable platform, almost no sense in peacetime, but in the critical moment immediately manifests its superiority. The investors who choose the right platform may silently open flowers in their hearts, because they may not see the stock rise a little bit at ordinary times, once they grasp the key moment, open the experience of hanging to understand ah. Of course, there are also investors who miss trading opportunities and cause huge financial losses.

Now the industry competition is fierce, brokerage pressure is also large. To compete for customers, several online brokerages have even announced that they are cutting commissions this year. When everyone starts reducing commissions to zero, it's all about differentiated service. The foundation of the service is a stable and reliable technology platform. If you can not meet the customer's investment needs in a timely manner, then other services are castles in the air.

At the beginning of this week, when the market fluctuated sharply, the number of customers trading on the Saxo platform also surged. However, Saxo always attaches great importance to the construction of system infrastructure, so the platform not only withstood the test at the critical moment, but also continued to provide customers with efficient and high-quality trading experience. The Saxo platform has not only been recognized and preferred by customers, but also won many professional awards in the industry:

The emergence of Internet securities companies is a natural result of technological progress and the evolution of investment models, and the benefits are of course investors. In the process of development and innovation, it is inevitable that some problems will arise. The important thing is to be able to learn lessons and keep improving. When any company in the industry has a technical failure, Saxo takes it as an opportunity to learn, carefully compare and verify its own system, in order to avoid similar events appearing in its own system and affecting customers.

Saxo Bank technical capabilities

Saxo Bank connects private and institutional clients with more than 100 global liquidity and product providers through high-level technology systems, enabling clients to trade across categories and sectors of broad asset classes in a single bank account (securities and other types of accounts according to regulation in some countries). Including stocks, various types of futures and options, foreign exchange, funds and other more than 40,000 financial products, covering almost all the world's major on-exchange and off-exchange financial products, including some for global investors related to the Chinese market products, such as Shanghai, Shenzhen and Hong Kong bond Connect.

Saxo Bank was the first institution in the world to create a true digital bond trading solution, offering clients access to 5,000 investment grade and high yield corporate and government bonds issued in 20 different currencies from around the world. Relying on its strong fintech capabilities, it has brought unprecedented innovation in transparency, speed and efficiency to one of the slowest growing areas of digital trading in the global bond market. Saxo Bank also offers fund and advisory solutions through its fully digital and automated SaxoSelect system, has built a portfolio with BlackRock, a diversified value stocks portfolio with Morningstar, and more.

Saxo Bank's open banking platform technology is oriented towards future financial institutions. Through continuous independent research and development over the years, Saxo Bank has gradually applied artificial intelligence, data science, cloud computing and other technologies into financial solutions, opened its transaction infrastructure through OpenAPI technology, and provided partners and external developers with opportunities to build core technologies for financial institutions. All processes, functions and data information in the value chain are connected in an open source, standardized and secure way, and it has provided white label services to more than 120 financial institutions around the world.