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Ad hoc Notification, Saxo Bank
26 March 2018

Changes to holding fee on long contract options

From 1 May 2018, holding fees on long contract option positions (all maturities) will not be applied for the first 30 days – holding fees will only apply aft...

From 1 May 2018, holding fees on long contract option positions (all maturities) will not be applied for the first 30 days – holding fees will only apply after 30 days where the daily charges and calculations remain unchanged.

Long options daily holding fees per million (nominal value)

CategoriesInterest ratesForeign-exchange rates and GoldEquitiesPrecious metals, except goldCommodities, except precious metals
< 30 days maturity00000
> 30 days maturity0.100.701.101.001.60

Holding fee/day = Nominal value/1,000,000 * underlying category fee