Online trading and investment specialist Saxo Bank has acquired a 25% stake in Leverate. The financial details of the transaction have not been disclosed by any of the parties.

Through the deal, Saxo Bank and Leverate will add new trading functionalities to continue expanding their offerings for institutional segments and retail brokers. Leverate is a broker solutions provider, dedicated to delivering a range of innovative solutions and services that enable forex brokers and financial institutions to minimize risk and maximize profit.

Click here for the release from PR Newswire.