Exchange Agreements

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. As of this date, new and existing clients will have to use the new Online Subscription Tool to subscribe to real-time market data. If you subscribe to real-time market data before 1 August, you will be required to re-subscribe via the new Online Subscription Tool from 1 August. Detailed descriptions to these changes can be found here. If you have any questions to these changes please contact your account manager.

Data subscriptions and fees applicable for real-time data

By default, clients have access to delayed market data on the equities and futures exchanges on which they are enabled to trade. To receive real-time market data for stock, CFD, CFD DMA or futures trading, clients will have to subscribe to the individual exchanges. Clients will incur monthly subscription fees for the data they elect to receive in real time. An Online Subscription Tool is available on the trading platform. In the tool you will find a list of available exchanges, the applicable exchange fees and you will be able to subscribe and unsubscribe to services of your choice. The exchange subscription agreements can only be submitted via the Subscription Tool. A Subscription Tool guide is available on the trading platform and here.

Data fee rebates for active equity trading clients – As of 1 August 2008

For equities clients that subscribe to real-time market data, Saxo Bank will introduce a data fee rebate scheme where fees are rebated per exchange should clients trade the minimum number of times across both stocks and CFDs during each calendar month. Rebates are only applicable for non-professional equities clients subscribing to level-1 data. The definition of Non-Professional and Professional subscribers may vary by exchange.

Data fee rebate schedule

* Denotes multiple exchanges covered by a single agreement.
Eg. OMX = OMX Group exchanges

Professional subscribers to AMEX and NYSE Real-time market data

If you qualify as a professional subscriber according to the AMEX or NYSE you will need to manually subscribe to real-time market data by submitting the relevant exchange agreements.

Print and complete the relevant Subscriber Agreement Forms and send it to:
Saxo Bank, Attention: Exchanges Team
Smakkedalen 2
DK-2820 Gentofte, Denmark

To speed up the process you can fax the agreement to fax number +45 – 39 77 42 00 or scan it and send it by email to exchanges@saxobank.com.