​Find detailed information on Saxo Bank’s Futures Contracts, trading conditions and commissions. 

 

Prices to institutional clients are negotiable and dependant on volumes. Contact us to find out more. 

 

The schemes are quoted in local exchanges' time.

 
See all Futures Contracts and specifications   ​​


 


 

Trading Conditions and Commissions

Expiry for Futures Contracts

With Saxo Bank you avoid physical delivery of the underlying asset on expiry of a Futures Contract, which is not supported. Therefore, we advise you to take note of the expiry and first notice dates (FND) of any Futures Contracts in which you have positions and ensure they are closed before the appropriate day, as described below. 

  • If the expiry day is prior to the first notice day (FND) the contract will be closed on the expiry day. 
  • If the FND is the same or prior to the expiry day the contract will be closed the weekday prior to the FND. 
If futures positions are not closed before the relevant date, Saxo Bank will close the position on your behalf at the first available opportunity at the prevailing market rate. Any resulting costs, gains or losses will be passed on to you. 


If you require any assistance or clarification regarding the expiry of Futures Contracts, please Contact Us​.​

Commissions for online traded contracts

These commissions are for each contract and for each trade (buy or sell) through SaxoTrader and exclude exchange fees which are listed under the contract specifications.
 
Contract /Currency​ Trade Volume: Contracts/Month​ ​
​1-250 ​251-1,000 ​1,001-5,000
​AUD AUD 10.00 ​AUD 5.00 ​AUD 2.50
EUR​ ​EUR 6.00 ​EUR 3.00 ​EUR 1.50
GBP​ ​GBP 5.00 ​GBP 2.50 ​GBP 1.25
SGD​ ​SGD 15.00 ​SGD 7.50 ​SGD 3.75
USD​ USD 6.00​ ​USD 3.00 ​USD 1.50
CHF​ ​CHF 8.00 ​CHF 4.00 ​CHF 2.00
JPY​ ​JPY 1,000.00 ​JPY 800.00 ​JPY 750.00
SEK​ ​SEK 75.00 ​SEK 40.00 ​SEK 20.00
CAD​ ​CAD 6.00 ​CAD 3.00 CAS 1.50​
HKD (Full-sized contracts)​ ​HKD 45.00 ​HKD 30.00 ​HKD 20.00
HKD (Mini contracts)​ ​HKD 30.00 ​HKD 25.00 ​HKD 20.00
BRL (Full-sized contracts)​ ​BRL 20.00 ​BRL 15.00 ​BRL 10.00
BRL (Mini contracts)​ ​BRL 15.00 ​BRL 10.00 ​BRL 7.50
NZD​ ​NZD 15.00 ​NZD 7.50 ​NZD 4.00
 
 
If you trade more than 5,000 contracts per month please contact us for pricing.
 
As a special introductory offer, Saxo Bank will offer trading of all HKD contracts at mini contracts at mini contract commissions rates until further notice.
 
These commissions are for each contract and for each trade (buy or sell) through SaxoTrader and exclude exchange fees which are listed under the contract specifications.
 
If no agreement exists to the contrary, clients will be charged the highest price category in the table. Contact Saxo Bank to apply for another price category if applicable based on previous trading volumes.
 
Moves to different price categories take place at the discretion of Saxo Bank and always take effect from the beginning of the following month without any adjustment in commissions already paid.

Minimum ticket fee

The minimum ticket fee per Futures contract trade is USD 10, EUR 10, GBP 8, CHF 11, AUD 12.5, CAD 10, JPY 1200, SEK 100 or SGD 20.

 

Exchange agreements

Live price data subscription

All clients have access to delayed market data on futures exchanges on which they are enabled to trade.

To receive real-time market data for Futures or Contract Options trading, you will have to subscribe to the individual 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?

  • 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 the depth of the prices and the amounts available at each price point.
When you subscribe to live prices from a derivative exchange, if the exchange offer both Futures contracts and Contract Options, live prices on both are included in the subscription.

Level 1 & Level 2 Exchange 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, clients will find a list of available exchanges and the applicable exchange fees.
 
Clients will be able to subscribe and unsubscribe to services of their choice. The exchange subscription agreements can ONLY be submitted via the Subscription Tool.
 
​Exchanges, Futures​Level 1​ ​​​Level 2 ​
​Professional​Professional
BM&F BOVESPA​55,00 USD​Only Level 1​
CBOE​5,00 USD​Only Level 1​ ​
EUREX​25,00 EUR​36,00 EUR​
Euronext Commodities Derivatives​18,00 EUR​22,00 EUR​
Euronext Equity & Index Derivatives​34,00 EUR​41,00 EUR​
Euronext Interest Rate Derivatives​36,00 EUR​43,00 EUR​
GLOBEX - (CME, COMEX, CBOT and NYMEX)340,00 USD​340,00 USD​
Hong Kong Futures Exchange (HKFE)​25,00 HKD​75,00 HKD​
ICE Futures Europe (ICE)​75,00 USD​75,00 USD​
ICE Futures U.S. (NYBOT)​75,00 USD​75,00 USD​
MEFF Spanish Futures​12,00 EUR​18,00 EUR​
Milan Stock Exchange (Equities and Futures)​12,00 EUR​40,00 EUR​
Montreal Futures Exchanges​38,00 USD​Only Level 1
OMX Nordic Derivatives Exchange​25,00 EUR​25,00 EUR​
Singapore Derivatives Exchange​58,00 SGD​75,00 SGD​
Sydney Futures Exchange​Only level 2​45,00 AUD​
Tokyo Stock Exchange (Equities and Futures)​2200 JPY​Only Level 1​

 

 

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