Exchange agreements & holidays

Data subscriptions for real-time prices

At Saxo Bank all equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe to the individual exchange.

A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from the particular exchange.

An Online Subscription Tool is available in the trading platform. In the tool, you will find a list of available exchanges and news services alongside the applicable monthly fees. You will be able to subscribe and unsubscribe to services of your choice. Further information can be found in the Subscription Tool guide, which is also available on the trading platform.

Level 1 or Level 2 data?

Level 1 price data refers to the first level of the order book on the exchange. With a Level 1 subscription you can see live, streaming, bid and offer prices.

With a Level 2 price data subscription you can see live, streaming prices as with Level 1 but on top of this you can see the market depth of bid/offer prices and the amounts available at each price point.

Level 1 and Level 2 Exchange Data Fees

See full list of exchanges and prices for level 1 and level 2 data here

 

Data fee refund for active equity trading

For clients who trade equities and subscribe to real time market data, Saxo Bank has introduced a refund scheme where fees are refunded per exchange should clients trade a minimum of four (4) times across both stocks, ETFs and/or CFDs during each calendar month.

For the Australian Securities Exchange the minimum is six (6) trades.

Refunds are only applicable for non-professional clients subscribing to level 1 data, except for the Australian Securities Exchange where the refund applies to level 2 data.

The definition of non-professional and professional subscribers may vary by exchange. Refunds are calculated on a monthly basis but paid out on a quarterly basis.

Exchange holidays

Updated 19 January, 2017

Streaming News

 

Streaming NewsPrivateProfessional Institutional Client
Ritzau Finans Premium - Danish News310,54 DKK747,40 DKK
Ritzau Finans Light (excl. flash), 60-min delayFree of charge**Free of charge**
Ritzau Finans Light (excl. flash), Real-timeFree of charge**373,70 DKK
ASX News30 AUD30 AUD
Dow Jones Basic Capital Market NewsFree of charge**Free of charge**
Dow jones Basic Equities NewsFree of charge**Free of charge**
Dow Jones News Advanced Capital Market News2,00 EUR50,00 EUR
Dow Jones Advanced Equities News2,00 EUR50,00 EUR
Dow Jones News ArabicFree of charge**50,00 EUR
Dow Jones News Australia and New ZealandFree of charge**50,00 EUR
Dow Jones News ChineseFree of charge**50,00 EUR
Dow Jones News DutchFree of charge**50,00 EUR
Dow Jones News FrenchFree of charge**50,00 EUR
Dow Jones News GermanFree of ​​​charge**50,00 EUR
Dow Jones News ItalianFree of charge**50,00 EUR
Dow Jones News JapaneseFree of charge**50,00 EUR
Dow Jones News RussianFree of charge**50,00 EUR
Dow Jones News SpanishFree of charge**50,00 EUR
​Oslo Børs NewsFree of charge**Free of charge**
SENS NewsFree of charge**Free of charge**
TDN Finans830 NOK830 NOK
TDN Finans 25 min DelayedFree of charge**Free of charge**
TradingFloor.comFree of charge**Free of charge**

 

**Fee covered by Saxo Bank ​​​​​​​
Updated 13 February, 2017

Product Risk

Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red.

Stocks are categorised as yellow or red products depending on the individual instrument. For more information about the categorisation of the individual instrument and the level of risk involved, please see the Product Risk Categorisation located under our General Business Terms.

General Business Terms