Exchange DMA Trading Rates
Immediate changes to short-selling in CFDs
Due to the current market conditions a number of financial authorities are announcing rule changes that affect short-selling of physical stocks. These rule changes are put in place to protect the integrity and quality of the securities market and strengthen investor confidence. As a consequence the changes will affect the short-selling of related CFDs.
Click here to read about the latest announcements regarding the restrictions in short-selling. Saxo Bank recommends clients check this website on a frequent basis for further announcements or contact their Account Manager.
Important changes to Equities and Futures Products
Starting 1 August 2008, Saxo Bank will make a number of changes to its equities and futures products to reflect changes in the underlying market. Detailed descriptions to each of these changes can be found here.
Clients are encouraged to read about these changes and to contact their account manager if necessary.
Double Leverage on CFDs
Reduced collateral/equity requirements or 'Double Leverage' is available through Saxo Bank when trading Category 1 and 2 CFDs, including Index-tracking CFDs. For a full list of applicable CFDs, click here. Half margins will apply for the first EUR 25,000 (or equivalent) of collateral requirement for the applicable CFDs and CFD Index trackers. This effectively lowers the margin requirement for these CFDs up to EUR 25,000. Normal margin rates will apply to all investment collateral over EUR 25,000 (or equivalent) and to CFDs rated as category 3 or higher.
Note that with Double leverage you have an increased exposure to risk.