Institutional Clients Institutional Clients
Monthly Notification , Saxo Bank
20 December 2016

Change in Futures order functionality (Reminder)

For clients using related orders on Futures To help you manage your Futures positions in an easy and compliant manner, we have changed the related order ...

For clients using related orders on Futures

To help you manage your Futures positions in an easy and compliant manner, we have changed the related order functionality to ensure positions are automatically FIFO netted at the account level at the end of each trading day. This is to help ensure that you are not accidentally acting incompliantly with positions and open interest, and to offer transparency and operational ease in your position management.

If you have any questions about Futures netting, please contact your Account Manager to discuss an account structure where you can keep gross positions in a compliant manner.