Denmark 's Saxo Bank has signed a memorandum of understanding with Beijing - based financial technology firm Phoenix securities to create a white label partnership from Q1 2017 . The deal will see Phoenix securities offer its three million customers access to Saxo 's multi - asset investment and trading technology Open API , in particular the " equity and fixed assets " offerings . Meanwhile , the Danish firm benefits from Phoenix Finance 's " unparalleled reach " to Chinese investors .
Denmark's Saxo Bank has signed a memorandum of understanding with Beijing-based financial technology firm Phoenix Finance to create a white label partnership from Q1 2017. The deal will see Phoenix Finance offer its three million customers access to Saxo's multi-asset investment and trading technology Open API, in particular the "equity and fixed income" offerings. Meanwhile, the Danish firm benefits from Phoenix Finance's "unparalleled reach" to Chinese investors.