White Label Clients
27 September 2016
Monthly Notification, Saxo Bank
Effective 1 January, 2017, White Label Clients receiving price data on FTSE Russell stock indices or CFDs on these indices will be required to enter into di...
Effective 1 January, 2017, White Label Clients receiving price data on FTSE Russell stock indices or CFDs on these indices will be required to enter into direct license agreement with FTSE Russell. Licenses required are determined by FTSE Russell, and will depend on the data you need going forward.
In the absence of a confirmed license by FTSE Russell for the chosen products, White Label Clients’ feeds on all affected products will be terminated on 31 December 2016.
The affected instruments include:
|FTSE 100 Index||UK100|
|FTSE 250 Index||UK250MID|
|FTSE MIB Index||ITALY40|
|FTSE/JSE Top 40 Index||ZA40|
|FTSE ACT 350 Index||N/A|
Clients should exit positions on instruments for which they will not have a price feed after 1 January, 2017. Keeping a position will result in no price display of positions.
In case you will be obtaining licenses with FTSE Russell, we encourage you to inform your Saxo Bank account manager by 1 December, 2016 at the latest.
FTSE Russell can be contacted by e-mail at firstname.lastname@example.org.