Denmark's Saxo Bank has launched its Saxo Equity Platform, which offers private investors institutional-style trading and analysis tools.

The new platform comes as an addition to the firm’s already established trading platform, Saxo Trader. The Equity Platform was developed following the rise in execution-only services, the firm said.

It is hoped that the new platform will meet the demand for more complex trading techniques as well a greater number of and improved analysis tools.

The platform enables trading of more than 11,000 stocks listed on 23 major exchanges worldwide, 6,000 Single Stock CFDs, 800 exchange traded funds and 20 index-tracking CFDs.

“The Saxo Equity Platform enables clients to invest in a specific stock, buy a basket of comparable companies, and short sell a comparable company or the index with a CFD – all with a few clicks,” said Jeff Saul, head of group equities at Saxo Bank.

“The intuitive layout of the platform as well as the simplicity to obtain information and place orders is why we expect the new platform will double our client numbers over the next two years.”

The platform enables clients to find comparable companies and compare investments to peer averages. At the same time, the platform includes share price performance, operational performance and valuation multiples including three-year forecasts of aggregated analysts estimates, enabling clients to explore stock price sensitivities to commodities, currencies and interest rates.